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Narrative 11-2
Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent)
-Refer to Narrative in your text 11-2. When you were two years old, your parents invested $22,000 at 8% interest compounded quarterly for your college education. You are now 18 years old and ready for college. How much is this account worth? (Use the factors 16, 16, 16, and 16 periods)
Q12: Refer to Narrative in your text
Q31: Expenses incurred in conjunction with the sale
Q80: Calculate the annual percentage rate for
Q84: Bart's Construction, Inc. received a promissory note
Q95: Refer to Narrative in your text 12-1.
Q96: Compound interest yields considerably lower interest than
Q97: Refer to Narrative in your text 11-1.
Q112: Refer to Narrative in your text
Q122: The last semimonthly payroll of Capital Construction
Q144: Find the amount of the principal on