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All (e, f, g, h) must be done in excel format with formulas stated. Thank you 7 8 e. Suppose California's population is 36.5 million
All (e, f, g, h) must be done in excel format with formulas stated. Thank you
7 8 e. Suppose California's population is 36.5 million people and its population is expected to grow by 2% annually. How long will it take for the population to double? f. Find the PV of an ordinary annuity that pays $1,000 each of the next 5 years if the interest rate is 15%. What is the annuity's FV? g. How will the PV and FV of the annuity in part f change if it is an annuity due? h. What will the FV and the PV be for $1,000 due in 5 years if the interest rate is 10%, semiannual compounding? 9 10 11 12Step by Step Solution
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