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1. You are offered an investment opportunity with the guarantee that your investment will double in 25 years. Assuming annual compounding. what annual rate of

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1. You are offered an investment opportunity with the "guarantee" that your investment will double in 25 years. Assuming annual compounding. what annual rate of return would this investment provide? 2. If you would like to accumulate $14,795 over the next 6 years, how much must you deposit each six months, given a 7.5% interest rate and semiannual compounding? 3. Malcolm wants a new car to drive for his job at Dollar Tree. If he took out a car loan, what would his loan payments be? a. Malcolm is going to buy a 2022 Camry. The sticker price is $19,850. He plans to make monthly payments at 5% annual interest for 5 years. Identify the monthly payment. 4. Malcolm has now graduated, received a job offer, and has his sights set on a sports car. The car's sticker price is $60,000. He receives $8,000 on his trade-in and he qualifies for a 3.95%,7-year loan. a. Identify the monthly payment 5. Malcolm has realized that he needs to focus on his future, and he opens a retirement account with his firm. Each pay period ( 2 per month) he deposits $275 into an account that earns 8% annually. After 35 years, how much will be in Malcolm's retirement account, if he continues making the same deposit

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