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Calculate the Future Value of $1000 after five periods, when the per-period discount rate is 6% (5 points) Calculate the Present Value of $1000 that
Calculate the Future Value of $1000 after five periods, when the per-period discount rate is 6% (5 points) Calculate the Present Value of $1000 that will be received after five periods, (the per-period discount rate is 6%) (5 points) Your grandparents promise to send you a $1000 monthly check for the next 5 months. Calculate the present value of the total cash transfers to you if the monthly discount rate is 1%, (20 points) Calculate the monthly discount rate if the present value of $1000 that will be received in five months is $862.61 (5 points) The present value of the cash you will receive in seven months is $1219.64 when the monthly discount rate is 3%. What is the amount of the cash that you will receive in seven months? (5 points)
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