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2:36 . LTE CZ AA webassign.net C Assignment Scoring Your best submission for each question part is used for your score. 0/9.09 points Previous Answers AUFQR1 4.2.003. 1/100 Submissions Used My Notes Ask Your Teacher V A deposit of $40,000 is placed in a scholarship fund that earns an annual interest rate of 3.75% compounded daily. Find the value (in dollars) of the account after 5 years. (Assume all years have 365 days. Round your answer to the nearest cent.) $ 5189.44 x Need Help? Read It Watch It Talk to a Tutor 2 -/9.09 points V AUFQR1 4.2.005.EP. 0/100 Submissions Used My Notes Ask Your Teacher V Give the present value of compound interest formula where PV is the present value (in dollars), FV is the future value (in dollars), r is the annual interest rate as a decimal, n is the number of compounding periods per year, and t is the number of years. PV = An account earns 8% interest compounded quarterly to yield $10,000 in 6 years. Determine the following values. FV = $ years How much money (in dollars) should be invested when the account is opened to produce this result? (Round your answer to the nearest cent.) Need Help? Read It Talk to a Tutor 3 -/9.09 points V AUFQR1 4.2.009. 0/100 Submissions Used My Notes Ask Your Teacher V Blake Hamilton has money in a savings account that earns an annual interest rate of 3%, compounded monthly. What is the APY (in percent) on Blake's account? (Round your answer the nearest hundredth of a percent.) 11272.27 % Need Help? Read It Watch it Talk to a Tutor Submit Answer Viewing Saved Work Revert to Last Response 0/9.09 points V Previous Answers AUFQR1 4.2.012.MI. 2/100 Submissions Used