7. A loan charges 1.63% interest per month. What is the APR? Enter your...

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Finance

7.

A loan charges 1.63% interest per month. What is the APR?

Enter your answer as a percentage rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46.

8.

3 years from today, $3,000 will be deposited into an account that pays 8% interest. What will be the account balance 9 years from today?

Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46.

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