Question: please answer both Q7) If you deposit $1,685 into an account paying 10.00% annual interest compounded monthly, how many years until there is $16,722 in
please answer both
Q7) If you deposit $1,685 into an account paying 10.00% annual interest compounded monthly, how many years until there is $16,722 in the account? Q8) What is the value today of receiving a single payment of $90,773 in 22 years if your required rate of retum on this investment is 15.00% compounded semi-annually
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