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(a) The future value in three years of $1,n00 deposited today in a savings arcount with interest compounded annually at 8 perrent. 5 x (b)

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(a) The future value in three years of $1,n00 deposited today in a savings arcount with interest compounded annually at 8 perrent. 5 x (b) The present value of $5,000 to he received in five years, discounted at 10 percent. 5 (c) The present value of an annuity of $9,000 per year for six years discounted at 10 percent. 5 (d) An initial investment of $14,904 is to be returned in eight equal annual payments, Determine the amount of each payment if the interest rate is 12 percent. 5 Year 1$ Year 2$ Year 3$ x

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