Question: Question 5 3.13 pts How much do you need to invest into an account today with real 9% monthly compounded interest in order to have

Question 5 3.13 pts How much do you need to invest

Question 5 3.13 pts How much do you need to invest into an account today with real 9% monthly compounded interest in order to have $375,000 fifteen years from now? $1,439,266 $97,706 $102,952 $1,365,930 Question 6 3.13 pts Suppose you will need $50,000 in 4 years to start up a new business you have planned. With a 5% yearly compounded interest rate, how much do you have to invest now in order to achieve this goal? $60,775 $41,135 $27,842 $39,605 Question 5 3.13 pts How much do you need to invest into an account today with real 9% monthly compounded interest in order to have $375,000 fifteen years from now? $1,439,266 $97,706 $102,952 $1,365,930 Question 6 3.13 pts Suppose you will need $50,000 in 4 years to start up a new business you have planned. With a 5% yearly compounded interest rate, how much do you have to invest now in order to achieve this goal? $60,775 $41,135 $27,842 $39,605

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