Edward and Janice want to buy a boat for their family to wat…

Edward and Janice want to buy a boat for their family to water ski on Utah Lake. If they invest $600 at the end of each month in a money market account that averages an annual return of 6.20% (compounded monthly), approximately how long will it take them to save $30,000? 

Click on the link below to launch the ALEKS website and sign…

Click on the link below to launch the ALEKS website and sign in to your account. ALEKS HOMEPAGE You will need to enter the following password into ALEKS to begin the knowledge check: Aleks Password: INITIALPI  Remember to leave the Canvas/Procotrio quiz tab open and active throughout the assessment on Aleks.  Once you have completed the scheduled knowledge check in Aleks, navigate back to this canvas quiz and enter your new overall pie progress as a percentage in the answer box below.  (You can find this percentage by clicking down on the center of your pie chart on your Aleks dashboard.) Then click submit on the quiz.  

Marcus is planning to propose to his girlfriend Melody next…

Marcus is planning to propose to his girlfriend Melody next week. Since he is a poor college student, Marcus decides that he needs to get a loan so that he can get Melody the ring of her dreams. The engagement ring he chooses costs $3,500 and is financed with a 3 year, 4% (compounded monthly) interest rate. If Marcus takes all 3 years to pay the ring off, how much will he have really ended up spending on Melody’s ring?