Question
*Artwork is a company that sells precious paintings. The company's manager plans to buy an original Picasso painting to sell for 400,000 TL 1 year
*Artwork is a company that sells precious paintings. The company's manager plans to buy an original Picasso painting to sell for 400,000 TL 1 year later. The company manager expects the value of the table to be 480,000 TL at the end of 1 year. The 1-year interest rate is 10%. In this case, should the company buy the Picasso painting? Note: The interest rate given to deposits in the market is 12%.
*An investor has invested 1,000 TL in a bank for 3 years at 20% interest. How much money will the investor have at the end of the 3rd year?
*An investor has deposited TL 1,000 in a bank for 3 years, with an interest rate of 20% per annum for 6 months. How much money will the investor have at the end of the 3rd year?
*What is the current value of 1.000 TL, which will be received by an investor after 4 years, with an annual compound interest rate of 15%?
*What is the current value of 1.000 TL, which will be received by an investor after 4 years, with an annual compound interest rate of 16% and interest rate for 3 months?
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