Question: please answer 9 and 10 ill rate good 9. You were approved for your 30-year mortgage with interest rate and monthly payments. What is your

please answer 9 and 10 ill rate good

9. You were approved for your 30-year mortgage with interest rate and monthly payments. What is your effective annual rate? A.3.66% B. 4.0 % C. 3.84 % D.4.12% E. 3.42% 10. You have a great finance job for a big manufacturer. Because you have done so well, you received the following year-end cash bonuses: 2014: $8,000 2015: $10,000 2016: $12,500 2017: $15,000 You wisely invested each of your bonuses in a stock fund that earns 9 % per year. How much will you have in the account at the end of 2020? A. $65,873 B. $71,802 C. $59,944 D. $36,035 E. $60,434

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