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Remaining Time: 1 hour, 11 minutes, 54 seconds. Question Completion Status: Close Window -> Moving...

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Finance

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Remaining Time: 1 hour, 11 minutes, 54 seconds. Question Completion Status: Close Window -> Moving to another question will save this response. Question 24 of 25 uestion 24 10 points Save Answer Alphonse wants to have $10,000 in his savings account after 4 years. The account pays a fixed interest rate of 4%. If the account is compounded monthly, how many periods should be drawn on the timeline of cash fows? Submit your answer as an integer Question 24 of 25 Moving to another question will save this response. Close Window esc 8 3 4 5 6 8 Completion Remaining Time: 1 hour, 12 minutes, 06 seconds. Question Completion Status: Close Window Moving to another question will save this response. Question 22 of 25 Question 22 10 points Save Answer Armin's wonder parents established a colege sa ngs lan him when he was bom. They deposited 43 into the account on the last day of each month The account much can they withdraw on his 18th birthday to spend on his education? Round to two decimal places (Ex. $00.00) as ea ed 72% com ounded month y, ta e. How Question 22 of 25 Moving to another question will save this response. Close Window 8 8 3 4 5 6

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