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Assume you will make a one-time investment of $25,000 at the interest of 9% for three years, and that you can choose to reinvest your

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Assume you will make a one-time investment of $25,000 at the interest of 9% for three years, and that you can choose to reinvest your earnings from the investment or not. What is the difference between simple and compound interest rate in this case? Assume the interest rate will compound annually. $625.73 O $456.25 O $285.36 O $564.25 Question 8 2.5 pts Let us assume that Paulie will receive a one-time payment of $56,000 seven years from now. Assuming the interest rate of 10.2% a year, what's the present value of the $56,000 that will be received? O $27.136.24 O $29,363.24 $28,373.76 O $25,326.23

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