Question: Problem 5-6 Jane will save for three years. The bank pays interest at 8% compounded semi-annually. How much will she have in three years if

Problem 5-6 Jane will save for three years. The bank pays interest at 8% compounded semi-annually. How much will she have in three years if she deposits $1,000 today? Problem 5-7 For Jane (5-6), what if the bank paid interest annually? Problem 5-8 How much will you have in three years if you put $100 in the bank today and the bank pays A) 8% compounded annually? B) 16% compounded quarterly? C) 12% compounded semi-annually? D) 24% compounded quarterly? Problem 5-9 How much do I need to deposit in the bank today at 8% compounded quarterly so that I will have $100,000 one year from today

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