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Calculate the future value (FV) of a $5,000 investment at an interest rate of 10% for 7 years. (Value: 4 points) 6. Determine the interest

Calculate the future value (FV) of a $5,000 investment at an interest rate of 10% for 7 years. (Value: 4 points)

6. Determine the interest rate you will pay if you are approved for a loan for $112,000 with annual payments of $15,000 for 8 years. (4 points) B. Problems (Value: 34 points)

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