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1. Determine the amount of money deposited one year ago to have ?9,975 now at an interest rate of 5% per yearn; the amount of

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1. Determine the amount of money deposited one year ago to have ?9,975 now at an interest rate of 5% per yearn; the amount of interest earned during this period. 2. What is the present value of receiving a single amount of?! 50,000 at the end of ve years, if the time value of money is 6% per year, compounded semi-annually? 3. How much do you need to deposit today to withdraw ?125,000 after one year, 150,000 after two years, and ?S0,000 after four years, if your account earns 10% annuaI interest rate

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