How much is accumulated in each of the savings plans over four years? a. Deposit...
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How much is accumulated in each of the savings plans over four years? a. Deposit 1100 today at 10 percent compounded annually. b. Deposit 500 today at 12 percent compounded monthly. a. The total amount in the savings plan at the end of four years when depositing 1100 today at 10 percent compounded annually will be (Round to the nearest hundredth as needed.) Greg wants to have $45,000 in three years. The bank is offering three-year investment certificates that pay 4 percent nominal interest, compounded quarterly. How much money should he invest in the certificates to reach his goal? Greg should invest $ (Round to the nearest cent as needed.)
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