question 4

Remaining Time: 13 minutes, 37 seconds Question Completion Status wybuck 31.880 in 3 years Alternatively, you could borrow from your bank that is charging 6.5 percent interest annually Should you go with your de or the bank? QUESTION 3 Beautirator Cosmetics borrowed $152,300 from a bank for three years. If the quoted rate (APR) is 15:41 percent, and the compounding is daily, what is the atfective annual rate (EAR)? 16.65 QUESTION 4 You have just inherited $281.253. You plan to save this money and continue to live off the money that you are earning in your current job. If you can invest the money in a bond that pays 9.01 percent interest annually, how long wil it be before your inheritance is worth $1.252.2757 Cu to end wit Chek Sore All Aro alla