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3 5 - 3 7 . Assume that you have saved $ 5 , 0 0 0 to invest today. At an annual interest rate
Assume that you have saved $ to invest today. At an annual interest rate of
how much money will you have accumulated at the conclusion of each of the following
timeframes?
a years:
b years:
c years:
Angela has a trust fund that will mature in three years with a value of $ If this
trust fund is earning a rate of return annually, what is the value of this trust find
in today's dollars ie the trust fund's present value
Bill is the owner of an ordinary annuity that will pay him $$ at the end of each of the
next four years. This annuity has an annual rate of return of Given this information,
what is the present value today of this annuity?
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