Question: please answer both i need help Co points Save You invest in a couple of bank accounts. The table below shows the initial dollars deposited
Co points Save You invest in a couple of bank accounts. The table below shows the initial dollars deposited in the acounts, the years of the accounts, and the dollars that you receive from the accounts. Solve for the interest rate that you have eamed in each of the accounts: Account Present Value Yearly Future Value Years Interest Rate $ 725 % $ 1,401 915 1,738 16,000 142,832 71,300 314,815 4 5 16 19 QUESTION 14 25 points Save You invest in a couple of bank accounts. The table below shows the dollars that you initially deposit in the accounts, the Interest rates that the bank pays in the acounts, and the dollars that you plan to receive from the accounts. Solve for the number of years that you keep your deposits in each of the accounts until you receive the targeted dollars from the accounts Account Years Present Value $ 414 1,906 32,681 22.417 Yearly Interest Rate Future Value 10.6% $ 1,316 8,4 4,602 13.2 401,288 21.8 198,304
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