Question
1. If you invest $130 at an interest rate of 15%, how much will you have at the end of ten years? 2. What is
1. If you invest $130 at an interest rate of 15%, how much will you have at the end of ten years?
2.
What is the PV of $270 received in year 9 (at a discount rate of 4%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
What is the PV of $270 received in year 9 (at a discount rate of 16%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
What is the PV of $270 received in year 14 (at a discount rate of 28%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
What is the PV of $270 received in each of years 1 through 3 (at a discount rate of 15%)? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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