Question: maths quiz QUESTION 1 How much do you need to invest today to accumulate $245000 in 12.5 years if the account is paying 4.5% compounded

maths quiz

QUESTION 1 How much do you need to invest today to accumulate $245000 in 12.5 years if the account is paying 4.5% compounded quarterly? QUESTION 2 What nominal rate of interest compounded semi-annually will allow $100,000 to accumulate to $122606 in 41 months? (round your nominal interest rate to 2 decimals of a percent) QUESTION 3 If you borrow $30650 at 6.3% coompounded monthly for 3 years and 5 months what will be the total amount needed to pay back the loan

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