Calculate the balance under the given assumptions.Find the savings plan balance after 17 months with an APR of 2% and monthly payments of $551.
A. $5656.71
B. $8069.00
C. $9492.94
D. $6654.95
Answer: C
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Provide an appropriate response.A savings plan in which payments are made at the end of each month is called a(n)_____?
A. future annuity B. annuity due C. ordinary annuity D. None of the above
Solve the problem.Calculate the current yield for a $1000 Treasury bond with a coupon rate of 7.1% that has a market value of $750.
A. 10.41% B. 8.52% C. 9.47% D. 7.10%
Provide an appropriate response.Evaluate 
Fill in the blank(s) with the appropriate word(s).
Find the indicated sum.
A. -35 B. -14 C. -5 D. -30