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a.$1000 invested for 5 years with simple annual interest of 10% would have a future value of . b. $1000 invested for 5 years at
a.$1000 invested for 5 years with simple annual interest of 10% would have a future value of .
b. $1000 invested for 5 years at 10%, compounded annually has a future value
c. Present value of a future payment of $10,000 at the end of year three when interest rates are 4.5%
d.When interest rates are at 4%, which would be better, taking $15,000 today, or $18,000 in four years?
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