Question: QUESTION 6 Assuming a 3 percent annual increase in the price of automobiles, how much will a new BMW cost you 5 years from now

 QUESTION 6 Assuming a 3 percent annual increase in the price

QUESTION 6 Assuming a 3 percent annual increase in the price of automobiles, how much will a new BMW cost you 5 years from now if today's prke is $42.0007 $36.230 540,779 546,575 O S4,300 $48.690 QUESTION Five years ago 51.200 was deposited into a savings account paying 4.5 percent interest. Today, the balance in the account is 51.495 if interest paid on the account was compounded annually, how much interest on interest was earned? $25.00 $93.10 5102.39 $130.28 5295.00 QUESTIONS

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