Use the compound interest formula to compute the total amount accumulated. $5,000 for 3 years at 2.5% compounded monthly 0 A. $4,311.20 0 B. $5,031.32 0 c. $5,389.00 0 D. $8,821.25 A small company borrows $79,000 at 4% compounded monthly. The loan is due in 5 years. How much interest will the company pay? T O A. $17,133.27 0 B. $17,395.01 0 c. $17,453.73 0 D. $96,458.73 Use the compound interest formula to compute the total amount accumulated. $8,030 for 3 years at 6% compounded semiannually O A. $9,563.86 0 B. $8,774.60 0 c. $5,174.54 0 D. $9,535.24 Use the compound interest formula to compute the total amount accumulated. $400 for 13 years at 2% compounded daily (use n = 360) O A. $518.77 0 B. $429.87 0 c. $517.44 0 D. $400.29 The average cost of a 4-year college education is projected to be $120,000.00 in 17 years. How much money should be invested now at 3%, compounded quarterly, to provide $120,000.00 in 17 years? fN..." O A. $72,196.73 0 B. $120,000.00 0 c. $43,436.40 0 D. $105,685.48 Use the compound interest formula to compute the total amount accumulated. $1,100 for 3 years at 7% compounded quarterly O A. $1,354.58 0 B. $1,347.55 0 c. $1,158.77 0 D. $1,102.31 Use the present value formula to determine the amount to be invested now, or the present value needed. The desired accumulated amount is $26,700 after 11 years invested in an account with 5% interest compounded annually. O A. $45,666.06 0 B. $16,391.48 0 c. $15,510.94 0 0. $11,089.06