Please help and how did u get it
Question 7
How much money would you have after 6 years if y...
Mathematics, 05.04.2021 04:30 brianrodriguez2005
Please help and how did u get it
Question 7
How much money would you have after 6 years if you invested $1500 in an account with a 2.8% APR that compounded weekly?
(Round to the nearest cent. Do not include units on your answer.)
Question 8
What is the monthly finance charge on a balance of $864 with an APR of 21.99%?
(Round to the nearest cent. Do not include units on your answer.)
Question 9
Your employer is going to invest $150 per month in a 401k for you and promised to average a 3.5% return over the next 32 years. What would you type into Excel to find out how much money should be in the 401k after 20 years?
Group of answer choices
=PV(.035/12, 20*32, -150)
=FV(.035/12, 20*32, -150)
=PMT(.035/12, 20*32, -150)
=150(1.035)^(32*12)
Answers: 2
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