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Answer please, will give thumbs up! 1- An investment offers the following cash flow 4 12 years from now: $ 38,000. This investment guarantees a
Answer please, will give thumbs up!
1- An investment offers the following cash flow 4 12 years from now: $ 38,000. This investment guarantees a 4% annual interest, computed quarterly. What is the maximum value that must be paid today for this investment?
2- How many years will it take for a $ 40,000 investment, at 4% annual interest compounded semi-annually, to grow to $ 75,000?
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Banker To The World
Authors: William Rhodes
1st Edition
0071704256, 978-0071704250
