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BIOWEE TITTEEB Nex ent/d/160AWUQsqylexlusOJV4AG6MjhDAK9jN1RJLUWRhXSc/edit 3. An investment offers $5,500 per year for 15 years, with the first payment occurring one year from today. If the

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BIOWEE TITTEEB Nex ent/d/160AWUQsqylexlusOJV4AG6MjhDAK9jN1RJLUWRhXSc/edit 3. An investment offers $5,500 per year for 15 years, with the first payment occurring one year from today. If the required return is 6%, what is the present value of the investment? Show your work. 4. If you deposit $4,000 at the end of each year for each of the next 20 years into your account which pays 9.7% interest, how muc (4) If you deposit $4,000 at the end of each year for each of the next 20 years into your account which pays 9.7% interest, how much money will you have in 20 years? Show your work

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