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can you show work on all calculations please. 1. If Mia saves $200 per quarter at 10 percent compounded quarterly, how much will she have
can you show work on all calculations please.
1. If Mia saves $200 per quarter at 10 percent compounded quarterly, how much will she have at the end of 28 years? 2. If Aurora wants to save $500,000 for retirement after 30 years, and she can earn 6.5 percent per annum, how much must she save each year? 3. If Josiah invests in a stock whose price increases from $25.00 per share to $84.00 per share over a 6-year period, what rate of interest did he earn? 4. What is the present value of a $1,000 consul bond providing $25 per year and a rate of return of 8.4%? 5. Given the following cash flows, what is the present value if the applicable rate of interest is 6%? Year 0 1 2 3 4 Cash Flow 0 $300 $350 $800 $800 6. Given the following cash flows, what is the future value if the applicable rate of interest is 9%? Year 0 1 2 2 3 4 Cash Flow 0 $200 $450 $500 $400Step by Step Solution
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