Question
1, Bonita Industries will receive $395000 in 7 years. If the appropriate interest rate is 9%, the present value of the $395000 receipt is Click
1,Bonita Industries will receive $395000 in 7 years. If the appropriate interest rate is 9%, the present value of the $395000 receipt is
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$722076.
$216077.
$612250.
$217250.
2.Bonita Industries will invest $880000 today. The investment will earn 6% for 5 years, with no funds withdrawn. In 5 years, the amount in the investment fund is
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$880000.
$1144000.
$1177642.
$1179455.
3,Concord Corporation will invest $83000 every December 31st for the next six years (2017 - 2022). If Concord will earn 13% on the investment, what amount will be in the investment fund on December 31, 2022?
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$374932.
$690785.
$331796
$780586.
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