If Laura invests $1,230,00 in an account earning 2.95% simple interest, how much money will be her account after 2 years? After 6 years? After 2 years: After 6 years: (Note: Your answers should include a dollar sign and be accurate to two decimal places) Note: You can

If Laura invests $1,230,00 in an account earning 2.95% simple interest, how much money will be her account after 2 years? After 6 years? After 2 years: After 6 years: (Note: Your answers should include a dollar sign and be accurate to two decimal places) Note: You can

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 3PA: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...

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If Laura invests $1,230,00 in an account earning 2.95% simple interest, how much money will be her account after 2 years? After
6 years?
After 2 years:
After 6 years:
(Note: Your answers should include a dollar sign and be accurate to two decimal places)
Note: You can earn partial credit on this problem.

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