Starting with $4,500.00, what will it grow to in 5 years at 7.25%
Q1. Starting with $4,500.00, what will it grow to in 5 years at 7.25% compounded daily. a. $6,385.95 b. $6,465.89 c. $6,358.59 d. $6,835.59 e. $9,444.50 Q2. If you borrow $1000 at an APR of 12% and pay it back in one year making the same payment amounteach month, what principal (P) and interest (I) have you paid when the load is paid off? a. […]