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1. is to fill in the chart , please do 1-4 and show all work. thank you!! Years Future Value Present Value $715 Interest Rate

1. is to fill in the chart , please do 1-4 and show all work. thank you!! image text in transcribed
Years Future Value Present Value $715 Interest Rate 6% a. b. 9% $2,100 -$800 $1,600 -$1,000 12% $2,000 2. Suppose Account X pays 11% simple interest and Account Y pays 10% interest compound annually. If you invest $1,000, how much more interest will you receive from Account Y if you invest your money for 10 years? 3. Suppose you are interested in purchasing a car that costs $22,500. You plan to get a four year car loan with an annual rate of 6%. Compute your monthly car payment 4. Suppose you win the lottery. Your winnings receive 20 payments of $100.000 per year with the first payment received today. An insurance company has offered to buy your winnings for $1.200.000. If you believe 8% is a fair return should you accept the insurance company's offer

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