Question: Can someone help me with theses problems? You deposit $8000 in an account that pays 4% interest compounded quarterly. A. Find the future value after
Can someone help me with theses problems?


You deposit $8000 in an account that pays 4% interest compounded quarterly. A. Find the future value after one year. B. Use the future value formula for simple interest to determine the effective annual yield. A. The future value is $D. (Round to the nearest cent as needed.) B. The effective annual yield is D%. (Round to the nearest tenth as needed.) At the time of her grandson's birth, a grandmother deposits $1000 in an account that pays 8% compounded monthly. What will be the value of the account at the child's twenty-rst birthday, assuming that no other deposits or withdrawals are made during this period? The value of the account will be $|:|. (Round to the nearest dollar as needed.)
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