On the day of their grandchild's birth, the grandparents invest $10,000 in a fund that earns 4.5% interest compounded an

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answerhappygod
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On the day of their grandchild's birth, the grandparents invest $10,000 in a fund that earns 4.5% interest compounded an

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On The Day Of Their Grandchild S Birth The Grandparents Invest 10 000 In A Fund That Earns 4 5 Interest Compounded An 1
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On the day of their grandchild's birth, the grandparents invest $10,000 in a fund that earns 4.5% interest compounded annually. Use the rule of 70 to estimate how old the grandchild will be when the account is worth $40,000. O 31 16 O 12 062
Find the future value of the ordinary annuity: $503 is deposited each year at an annual rate of 7.54% compounded annually for 21 years. Enter a number rounded to two decimal places.
A person deposits $1,000 for 5 years in an account that pays 7.2% per year compounded quarterly. What is the interest rate per period? How many compounding periods are there? How much is in the account at the end of the 5 years? $ I Round to two decimal places as necessary. %
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