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12:56 Blackboard 8. How much must Alan invest today to have $1,000,000 in ten years if he will earn 5% interest compounded quarterly on his

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12:56 Blackboard 8. How much must Alan invest today to have $1,000,000 in ten years if he will earn 5% interest compounded quarterly on his investment? 9. You believe that you can afford a car payment of $250 per month. The bank has quoted you an annual rate of 5.0% on a five year loan, making monthly payments. What is the size of the loan you can take out

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