To save for retirement, a couple deposited $4000 in an account that pays 7% interest compounded daily. a. What will the value of the investment be in 5 years? b. How much interest will be earned in the 5 years? Round your answer to the nearest cent.
A) a) $5676.08; b) $1676.08
B) a) $6811.30; b) $1676.08
C) a) $5676.08; b) $2681.73
D) a) $6811.30; b) $2681.73
E) a) $7946.51; b) $1340.86
A) a) $5676.08; b) $1676.08
Health & Biomechanics
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A. 2,100 B. 2,570 C. 500 D. 3,620
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Working out one day a week will prevent muscle atrophy
Indicate whether the statement is true or false.
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Health & Biomechanics