Question: Determine the amount due on the compound interest loan. (Round your answers to the nearest cent.) $14,000 at 5% for 10 years if the interest

Determine the amount due on the compound interest loan. (Round your answers to the nearest cent.) $14,000 at 5% for 10 years if the interest is compounded in the following ways. (a) annually $ (b) quarterly $

Calculate the present value of the compound interest loan. (Round your answers to the nearest cent.)

$29,000 after 7 years at 3% if the interest is compounded in the following ways.

(a) annually $ (b) quarterly $

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