Question: Question 4 (4 points) 4. How much would be in your savings account in 10 years after depositing $50 today if the bank pays 7%
Question 4 (4 points) 4. How much would be in your savings account in 10 years after depositing $50 today if the bank pays 7% interest per year? $35.00 $535.00 $690.82 $98.36 Question 5 (4 points) What is the present value of a $750 payment made in 3 years when the discount rate is 5 percent? $712.50 $646.96 $868.22 $647.88 Question 6 (4 points) 6. How long will it take $500 to reach $600 when it grows at 4 percent per year? 4.65 years 5.00 years 25.00 years 18.00 years
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