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A=2ME 1-40 i+ 6% 1. (5) To have $1M after 40 years in account earning 6%, use factor form to express how. 1,000,000 =
A=2ME 1-40 i+ 6% 1. (5) To have $1M after 40 years in account earning 6%, use factor form to express how. 1,000,000 = (P/A, 6%. 40) TR 0 2. (5') Given PW of 15% is $23.3, PW of 16% is -$12.5, use interpolation method to find the rate of return. 3. (5') Use factor form to find the PV for the following cash flow with 10% interest rate. 2 PV (FIP, n) = (195,10%,7) = $ 100 Year Cash Flow 4 150 5 165 6 180 7 195
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