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11) Today you make a $2,500 investment. You expect to earn a 7.5% annual return on this investment. You plan to withdraw your funds in

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11) Today you make a $2,500 investment. You expect to earn a 7.5% annual return on this investment. You plan to withdraw your funds in six years. What will your investment be worth when you withdraw your funds? 12) You donate $83,333 to the local children's hospital as an endowment to provide stuffed animals to children that have surgery. The endowment will pay out $2,500 for the stuffed animals at the end of this year. Next year, the endowment will pay out $2,600 for stuffed animals and in year three the endowment will pay $2,704. The endowment will continue to make annual payments that increase at this rate forever. What is the IRR of this stream of cash flows? 13) You deposit $1,000 in a savings account that advertises a 2% annual percentage rate on your savings. The account compounds interest monthly. What is the effective annual rate on your savings

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