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5 1 point A stock broker offers you an investment that is expected to quadruple your money in 6 years. What is the exact annualized
5 1 point A stock broker offers you an investment that is expected to quadruple your money in 6 years. What is the exact annualized rate of return you are being offered on the investment? Enter your answer as a decimal out to four decimal places. As an example, you would enter 1.146% as 0.0146. Type your answer... 6 2 points You are buying a new home that costs $322,504 using a 30-year fixed rate loan at an interest rate of 6.1% with monthly payments. What is the amount of the monthly loan payment? Round your answer to the nearest dollar. Type your answer... 7 1 point You invest $8,961 in shares of General Electric (GE). You expect GE stock to earn an annual return of 9% per year. What is the number of years it will take for the investment to grow to a value of $21,914? Round your answer to the nearest year. Type your answer... 42 8 2 points An investor is evaluating an investment that pays the following streams of cash flows: $26,743 in one year; . $32,415 in two years; . $42,332 in three years; . $65,334 in four years; At an interest rate of 9%, what is the present value of the stream of cash flows? Round your answer to the nearest dollar. Type your
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