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1. How much would you have to deposit to have $20,000 in 25 years, if the discount rate is 8%? 2. If you want to

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1. How much would you have to deposit to have $20,000 in 25 years, if the discount rate is 8%? 2. If you want to have $50,000 in 5 years and you can earn 8% by investing in Apple stock, how much would you have to deposit today? 3. If you think you can sell your classic car for 100,000 in five years and you think the appropriate discount rate is 10%. What is the value of this classic car

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