Question: I need help answering these questions:( please help anyone Watch the video and then complete parts (a) through (d) below. Click here to watch the


I need help answering these questions:( please help anyone




Watch the video and then complete parts (a) through (d) below. Click here to watch the video. Annette Michaelson will need $15,000 in 6 years to help pay for her education. Determine the lump sum, deposited today at 4.5% compounded monthly, will produce the necessary amount. (a) The lump sum mentioned in the problem statement is which quantity? Future value (final amount on deposit) orre O Present value O Time in years O Interest rate O Number of compounding periods per yearments Score: 0 of 1 pt 9 of 10 (2 complete) HW Score: 20%, 2 of 10 pts nts 10.3.23 Question Help Karen Gaines invested $13,000 in a money market account with an interest rate of 1.25% compounded semiannually. Six years later, Karen withdrew the full amount to put toward the down payment on a new house. How much did Karen withdraw from the account? Karen withdrew $. (Round to the nearest cent as needed.) ISS orreScore: 0 of 1 pt 7 of 10 (2 complete) 10.3.17 Use the present value formula to determine the amount to be invested now, or the present value needed. The desired accumulated amount is $110,000 after 4 years invested in an account with 6% interest compounded quarterly. The amount to be invested now, or the present value needed, is $ (Round to the nearest cent as needed.)Marcus receives an inheritance of $3,000. He decides to invest this money in a 18-year certificate of deposit (CD) that pays 4.5% interest compounded monthly. How much money will Marcus receive when he redeems the CD at the end of the 18 years? Marcus will receive $ (Round to the nearest cent.) ary Dr
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