Your answer is correct. If the bank pays 4 percent interest per year without compounding, how...
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Your answer is correct. If the bank pays 4 percent interest per year without compounding, how much simple interest will she have earned and how much money will she have at the end of five years? b. Future value eTextbook and Media 4080 Using multiple attempts will impact your score. 20% score reduction after attempt 2 Attempts: 2 of 3 used * Your answer is incorrect. How much money will she have in five years if the bank pays compound interest with annual compounding? (Round answers to 2 decimal places, e.g. 52.75.) C. Future value eTextbook and Media 4967.76 Save for Later Using multiple attempts will impact your score. 20% score reduction after attempt 2 Attempts: 1 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above. Your answer is correct. If the bank pays 4 percent interest per year without compounding, how much simple interest will she have earned and how much money will she have at the end of five years? b. Future value eTextbook and Media 4080 Using multiple attempts will impact your score. 20% score reduction after attempt 2 Attempts: 2 of 3 used * Your answer is incorrect. How much money will she have in five years if the bank pays compound interest with annual compounding? (Round answers to 2 decimal places, e.g. 52.75.) C. Future value eTextbook and Media 4967.76 Save for Later Using multiple attempts will impact your score. 20% score reduction after attempt 2 Attempts: 1 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above.
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