How much do you have to invest today at an annual rate of 8%, if you need to have $5,000 six years from today?

A) $3,150.85 B) $4,236.75 C) $7,934.37 D) $2,938.48

If you invest $2,500 in a bank account that pays 6% interest compounded monthly, how much will you have in five years?

A) $1,853.43 B) $3,345.56 C) $2,505.20 D) $3,372.13

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