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1 2 1. Fibones $10,000 for eight years. How much must it repay in a lump sum at the end of the fifth year at
1 2 1. Fibones $10,000 for eight years. How much must it repay in a lump sum at the end of the fifth year at an interest rate of 6% per year? PV BATE NPER Lor/interesentamount Rate of interest Number of period 1 5 per year years 2.fi wishes to have $1.000 seven years from now. What amount should be deposited now at an interest rate of 5% per year to provide for it? Future Value amount FV Rate of interest RATE per year Number of period NPER How much will you have in 2 YEARS If you sve $100 each MONTH and your account earns 4% interest PER MONTH? 4 How much would is needed today to provide a monthly amount of $1,000 (each month) for 2 years, at 10% interest PER MONTH? 5. What uniform annual amount should be deposited each year in order to accumulate $2,143.60 at the time of the eighth annual deposit? The Interest rate is 10% per year
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