Question: Solve the problem. Round your answer to the nearest cent. If inflation is 3% a year compounded annually, what will it cost in 20 years

Solve the problem. Round your answer to the nearest cent. If inflation is 3% a year compounded annually, what will it cost in 20 years to buy a house currently valued at $75,000? $101,014.13 $139,522.09 $135,458.34 $131,512.95 QUESTION 24 Solve the problem. You want to have a $80,000 college fund in 15 years. How much will you have to deposit now in an account with an APR of 6% and monthly compounding? $32,598.59 $34,567.93 $31,920.49 $29,894.03 QUESTION 25 Solve the problem. Consider an account with an APR of 6% Find the APY with quarterly compounding, monthly compounding, and daily compounding, 15.14%, 16.17%, 16.18% 1.50%, 0.50%, 6.31% 21.14%, 21.17%, 21.18% 6.14%, 6.17%, 6.18%

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