Suppose you deposit $2,495.00 into an account today. In 15.00 years the account is worth $3,691.00....

Suppose you deposit $2,495.00 into an account today. In 15.00 years the account is worth $3,691.00. The account earned ____% per year.

Suppose you deposit $2,843.00 into an account today that earns 11.00%. In 3.00 years the account will be worth $________.

Assume a bank offers an effective annual rate of 5.39%. If compounding is quarterly what is the APR?

Expert Solution

As nothing was mentioned excel is used.

jeff jeffy answered 3 months ago

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