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Assignment #6 (20pts) The Time Value of Money Calculations Use the provided information to complete these exercises. 1. Carlos has an investment proposal that invites

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Assignment #6 (20pts) The Time Value of Money Calculations Use the provided information to complete these exercises. 1. Carlos has an investment proposal that invites him to invest $2,000 a year for ten years in a hotel and promises to pay him a return of 15 per year. Carlos wees, how much went be worth at the end of ten years? 2. in five years, what is the future value of $5,000 the Interest rate is 11% and money is compounded monthly? What is the future value money is compounded umirally? 3. What is the maximum amount of money you should pay for an investment today that is projected to yield $15,000 in four years if the market rate of interest is 12 and the money is compounded many? What would be the present value if the money is compounded monthly? 4. Edwin is trying to convince you to invest in his restaurant deal and make ten annual payments of $700, with the first payment due today. If the market rate of interest ises, how much with bestent be worth at the end of ten years? To be successful with the weekly assignment, it's important to thoroughly read chapter in the textbook. It will also be extremely useful to study the Finance in Action at the end of the chapter the following in mind . Multiple Attempts. You will have two (2) attempts before due date for this assignment with your highest score being recorded in the gradebook Answers - The Professor may review your answers and advice changes for you to correct answers before your final attempt To start, click the "Assignment" button. When finished, click the "Submit" button

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