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1. At what annual interest rate should you invest 100.000 $ for a period of 4 years if the total investment amount accumulates to 150.000
1. At what annual interest rate should you invest 100.000 $ for a period of 4 years if the total investment amount accumulates to 150.000 $ at maturity?
a) 10,67%
b) 10,77%
c) 10,87%
d) 10,97%
e) Other:
2. Suppose that you obtain a mortgage loan of 100.000 $. Annual rate of interest is 10% and the maturity of the loan is 12 years. You pay annual installments. Now, suppose that you will pay a lumpsum amount of 100.000 $ at maturity to settle the loan. What would be the periodic payment amount?
a) 5.000 $
b) 10.000 $
c) 15.000 $
d) 20.000 $
e) Other:
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