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1. If you invest $15,000 today at an interest rate of 8%, how much will you have in ten years? PV = 15,000 Payments =

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1. If you invest $15,000 today at an interest rate of 8%, how much will you have in ten years? PV = 15,000 Payments = Future Value = Annual Rate (%) = 8% Periods = 10 Compoundina (changes - make sure vou are on the right one) 2. How much do you need to invest today at 10% to get $20,000 in 5 years? PV = Payments = Future Value = Annual Rate (%) = Periods Compounding (changes - make sure you are on the right one) 3. If you need $10,000 for your trip to Europe in three years, how much should you deposit in a mutual fund that yields an annual interest rate of 10% PV = Payments = Future Value = Annual Rate (%) = Periods = Compoundina (changes make sure vou are on the right one)

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