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halve a Saulligs How much should accout IHhet is earnins 3.50% Compouded Semi mary inually, if her plaus do withdraw $ 2,00 0 Anon this cccent at te end of every Six months for 5 years? - Cn houd to te hecrest Geut.

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Question 22

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Johu depo s.ted $1000 at the end of eccery RR SP for 7 years. month u to The luterest rete earnred voas 4.50%. Componded Semi- aunually for the finA 4 yeurs and Chauge d to 4.75% Companced montaly for the hext 3 yus. kihat accamutated lalwe Of The RReP at te emd af 7 years? coas the Rond to te nea rest Cent.

You are responsible for an automobile accident. Use the information below to determine: 1. the total amount your liability insurance will pay for the accident 2. the total amount your collision insurance will pay for the accident 3. the amount of additional damages you are responsible for as a result of the accident You and the driver of the other car were the only people involved in the accident. There were no injuries from the accident. • You have a 50/100/50 liability insurance policy with no deductible • You have collision insurance with a deductible of $500 • The other car was valued at $25,000 and requires $10,000 in repairs • Your car was valued at $20,000 and requires $15,000 in repairs

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