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. A stock is currently sold for $ 5 0 0 and is expected to be worth $ 7 0 0 in 5 years. Calculate
A stock is currently sold for $ and is expected to be worth $ in years. Calculate the expected return. marks ii A teacher is planning to spend $ at the end of every year at the time of his retirement which is planned for years. Assuming a rate of interest of per annum, calculate the amount he has to save to be able to realise his plan. marks iii. John has been offered a loan amounting $ at an Annualised percentage rate of for a period of years to be repaid on a monthly basis. Calculate his monthly payment.
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