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Professor Severus Snape deposited 500 Galleons into an account at Gringotts Bank, that pays 4%...

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Professor Severus Snape deposited 500 Galleons into an account at Gringotts Bank, that pays 4% nominal annual interest, compounded monthly. How much will he have in his account 10 years from now? None of these are correct. 744.43 Galleons 742.97 Galleons 745.42 Galleons 740.12 Galleons Save Question 16 (1 point) An annuity makes 5 equal annual payments of $2,000. The first payment begins in exactly 12 years. If the relevant discount (interest) rate is 10, what is the present value (today) of the annuity? None of these are correct. $2,600 $2,073 $3,215 $2,657

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