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8) Which of the following is (are) correct? a. Interest rate is sometimes called as discount rate or compounding rate b. Interest rate measures time

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8) Which of the following is (are) correct? a. Interest rate is sometimes called as discount rate or compounding rate b. Interest rate measures time value of money c. Interest rate is the price of money d. All of the above 9) Saving planning Create a savings plan, by indicating: - When you want to start saving - How often do you plan to do so - If saving for the same amount each period, how much should it be - When is your targeted ending year Based on the plan you created, calculate your savings result. Suppose you can earn 5% interest per year on your savings, how much will you get by the end of your savings time period? (indicate your input value for N, I, PV, or PMT, and calculate your FV.)

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