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An aggressive stock trader plans to invest $44,100.00 in the stock market today. He plans to double his money in one year. What interest rate

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An aggressive stock trader plans to invest $44,100.00 in the stock market today. He plans to double his money in one year. What interest rate must he earn in the next year to reach his goal? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) A loan shark offers to give you $5,990.00 today, but he wants you to pay him $7,323.00 in one year. What is the rate of interest being charged on the account? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.2496, 96 sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) A very careful new father wants to set money aside for his baby daughter's wedding. If the wedding takes place in 22.00 years, he expects it will cost $70,200.00. If the father can earn 9.00% on his investments, how much does he need to Invest today to reach his goal? Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $2,000.00 per year for 20.00 years? Assume the first payment is made today and that there are 20 total payments. The interest rate is 8.00%. Subma Submit Answer format: Currency: Round to: 2 decimal places

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