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A ) How much will $ 2 3 , 0 0 0 grow to in five years, assuming an interest rate of 1 0 %

A)How much will $23,000 grow to in five years, assuming an interest rate of 10% compounded annually?
B)What is the value today of receiving $2,500 at the end of three years, assuming an interest rate of 9% compounded annually?

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