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1. David's liquidity ratio is 4.0. He has $ 1,000 in current liabilities and therefore in liquid assets. 2. If you invest $ 12,000 today
1. David's liquidity ratio is 4.0. He has $ 1,000 in current liabilities and therefore in liquid assets.
2. If you invest $ 12,000 today at an interest rate of 10%, how much money will you have in 10 years?
3. Antonio invests $ 10,000 in a savings certificate at the BPPR. He receives an annual interest of 8% for 7 years. How much interest will he earn on that investment?
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Fundamentals Of Financial Planning
Authors: Michael A Dalton, Joseph Gillice
3rd Edition
1936602091, 9781936602094
