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2.4 What is the present value of a security that pays $ 100,000 in 12 years if securities of equal risk pay 2% quarterly? 2.6

2.4 What is the present value of a security that pays $ 100,000 in 12 years if securities of equal risk pay 2% quarterly?

2.6 You will need $ 40,000 in five years. You currently have $ 34,000. What annual return do you need to earn on your investment to reach your goal assuming you won't have any additional funds?

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