Lf Justin decided that in five years from today, he plans to invest $4,900 for 8 additional years at 78 percent compounded annually. How much will he have in his account 13 years from today? Multiple Choice $8.93606 $7:3329 $13.0088 5912251 Jennifer invested $55.000 ten years ago and earns 4% annual interest. By leaving her interest earnings in her account, she increases the amount of interest she earns each year. The way Jennifer is handling her interest income is referred to as Multiple Choice aggregating simplifying accumulating discounting compounding Ch 5 & 6 3 David Bach talks about the "Latte Factor" in his book The Automatic Millionaire. He is referring to saving 55 a day by abstaining from drinking a Starbucks coffee. If you invested this money over 40 years at 10% how much would you save? Assume you invest the money each year Multiple Choice 5801731 $1, 2006 What is the effective annual rate for an APR of 11.90 percent compounded quarterly? 1 12:44 Multiple Choice 11.94% 12.44% 12 51% 12.57% 13.06%