File Edit View History Bookmarks Profiles Tab Window Help PG Campus Unit 5 LiveBinder - MM255 Bul X Question 3 - Unit 5 Lab Home. X Days_in_a_year_table.ipg (133 x + ezto.mheducation. com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheprodu Unit 5 Lab Homework i Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate 3 Diane Van Os decided to buy a new car since her credit union was offering such low interest rates. She borrowed $30,500 at 4.75% on December 29 2016, and paid it off February 28 2018. How much did she pay in interest? (Assume exact interest.) (Use Days in a year table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) 2.85 POINTS X Answer is complete but not entirely correct. Interest paid 1,709.53 %Unit 5 Lab Homework - MM256 x 3 Question 12 - Unit 5 Lab Home x G ezto.mheducation. map =con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddle Unit 5 Lab Homework Saved 12 Marit Brunsell deposited $55,000 at Bank of America at 6% interest compounded quarterly. What is the effective rate (APY)? (Do not round intermediate calculations. Round your answer to the nearest hundredth percent.) 2.85 points Effective rate Skipped eBook Print Referencesezto.mheducation.com/ex on=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddlev 5 Lab Homework i Saved 13 Complete the following using the present value formula or financial calculator. (Do not round intermediate calculations. Round the "Periodic rate" to the nearest tenth percent. Round your final answer to the nearest cent.) .85 Amount PV of amount Dints Length Rate Compounded Period Periodic desired at desired at of time used rate end of period end of period Skipped 6,500 9 years 6 % Semiannually % eBook Print References7253A%252F%252Fims.mheducation.com Unit 5 Lab Homework i Saved 14 Tony Ring wants to attend Northeast College. He will need $80,000 5 years from today. Assume Tony's bank pays 6% interest compounded semiannually. 2.95 What must Tony deposit today so he will have $80,000 in 5 years? (Do not round intermediate calculations. Round your answer to points the nearest cent.) Amount to be deposited eBook Hint Print References