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Business Course Return to course Support Question 1 Incorrect Mark 0.00 out of 8.00 Play Question Time Value of Money: Basics Using the equations and
Business Course Return to course Support Question 1 Incorrect Mark 0.00 out of 8.00 Play Question Time Value of Money: Basics Using the equations and tables in Appendix 24A of this chapter, determine the answers to each of the following independent situations Round answers to the nearest whole number. (a) The future value in two years of $5,000 deposited today in a savings account with interest compounded annually at 4% x $ (b) The present value of $15,000 to be received in four years, discounted at 10% $ x (c) The present value of an annuity of 52,500 per year for five years discounted at 124 X $ (d) An initial investment of 569,845 is to be returned in eight equalannal payments Determine the amount of each the strate is $ (e) A proposed investment will provide cash flows of $20,000, 525.000 and $30.000 at the end of Years 1.2 and motively Using adecoder flows Year 1 Year 25 Years OM OM OM ( Find the present value of an investment that will pay $3,000 at the end of Years 10, 11 and 12.0 discount rate of Check
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