Question 3 (Mandatory) (1 point) R[(1 + 2)* 1] Use the formula A = i Calculate A for R = $1200, i = 0.07,

Question 3 (Mandatory) (1 point) R[(l+z')" 1] Use the formula A = f. Calculate A for R = $1200, i= 0.07, and n = 13. O a) $40 111.63 0 b) $24 168.77 0 c) $16 962 133.77 0 d) $1200.00 Question 4 (Mandatory) (1 point) To have $12 000 in 25 years, how much do you need to invest now at 6.5% compounded annually? 0 a) $2424.81 0 b) $59 386.03 0 c) $2485.66 0 d) $2394.01

Question 3 (Mandatory) (1 point) R[(1 + 2)* 1] Use the formula A = i Calculate A for R = $1200, i = 0.07, and n = 13. a) $40 111.63 b) $24 168.77 c) $16 962 133.77 d) $1200.00 Question 4 (Mandatory) (1 point) To have $12 000 in 25 years, how much do you need to invest now at 6.5% compounded annually? a) $2424.81 b) $59 386.03 c) $2485.66 d) $2394.01