Question 1 Cindy wants to understand the time value of money works. She deposits $1,000 into an…


Question 1 Cindy wants to perceive the duration esteem of coin works. She deposits $1,000 into an representation earning 8.4% concern compounded monthly. How abundant coin conquer be in the representation at the end of 18 years? $221.63 $2,512.00 $4,270.98 $4,511.96 Question 2 Java's father gave him $1,300 for Christmas. Java deposited his alms into an representation paying 8% concern compounded quarterly. How abundant coin conquer he entertain at the end of 8 years?