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After completing your graduation, you plan on getting a job. The job provides you an annual salary of 5 1 0 , 0 0 0
After completing your graduation, you plan on getting a job. The job provides you an annual salary of whero you wre
able to save per year. After years you want to start a business and it requires a lot of investment if the curremt maxket
interest rate is how much will you have in your account after end of years? How does the amount change if you were
to save in the beginning of each year
You deposit $ today in a bank and the bank promises to give you cash per month for years. It the rate of retum is
how much does the bank provide?
What is the PV of $ which you will get after years if interest rate is
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