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$690.82 Question 42 (Mandatory) (0.5 points) A deposit of $1,000 earns the following interest rates: 8 percent in the first year 7 percent in the

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$690.82 Question 42 (Mandatory) (0.5 points) A deposit of $1,000 earns the following interest rates: 8 percent in the first year 7 percent in the second year, and 8 percent in the third year. What would be the third year future value? $1,248.05 $3,030.00 $1,230.00 $1,082.15 Question 43 (Mandatory) (0.5 points) What is the present value of a $500 payment made in 4 years when the discount rate is 8 percent? O dividend Question 40 (Mandatory) (0.5 points) The Rule of 72 is a simple mathematical approximation for: the number of years required to double an investment. the payments required to double an investment. the future value required to double an investment. the present value required to double an investment. Question 41 (Mandatory) (0.5 points) unuld be in your savings account in 10 years after depositing $50 today if the ban One would need to know the present value in order to determine the impact. Question 36 (Mandatory) (0.5 points) How are present values affected by changes in interest rates? 0 The lower the interest rate, the larger the present value will be. O The higher the interest rate, the larger the present value will be. 0 Present values are not affected by changes in interest rates. 0 One would need to know the future value in order to determine the impact

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