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

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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