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1. If you invest $450 today and it increases to $6,185 at the end of 20 years, what rate of return have you earned? 2.
1. If you invest $450 today and it increases to $6,185 at the end of 20 years, what rate of return have you earned? 2. You just received a $50,000 bonus. a. Calculate the future value of $50,000, given that it will be held in the bank for five years and earn an annual interest rate of 6 percent. b. Recalculate part a using a compounding period that is 1) semiannual and 2) bimonthly. by using the financial calculator 1. If you invest 5450 today and it increases to $6,185 at the end of 20 years, what rate of retum have you earned? 2. You just received a $50,000 bonus. a. Calculate the future value of $50,000, given that it will be held in the bank for five years and earn an annual interest rate of 6 percent. b. Recalculate part a using a compounding period that is 1) semiannual and 2) bimonthly
1. If you invest $450 today and it increases to $6,185 at the end of 20 years, what rate of return have you earned? 2. You just received a $50,000 bonus. a. Calculate the future value of $50,000, given that it will be held in the bank for five years and earn an annual interest rate of 6 percent. b. Recalculate part a using a compounding period that is 1) semiannual and 2) bimonthly.
by using the financial calculator
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