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Assuming an interest rate of 7.1 percent, what is the value of the following cash flows five years from today? Fifth Fourth National Bank has
Assuming an interest rate of 7.1 percent, what is the value of the following cash flows five years from today?
Fifth Fourth National Bank has a savings program which will guarantee you $9,000 in 8 years if you deposit $75 per month. What APR is the bank offering you on this savings plan?
Bob has saved $505 each month for the last 5 years to make a down payment on a house. The account earned an interest rate of .49 percent per month. How much money is in Bob's account?
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