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Cara plans to deposit $1,000 at the end of years 4, 5, 6, 7, 8, 9 and 10 into an account that pays interest of

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Cara plans to deposit $1,000 at the end of years 4, 5, 6, 7, 8, 9 and 10 into an account that pays interest of 8.25 percent p.a. If these are the only deposits that Cara makes into the account, and if Cara does not withdraw any money from the account, how much money will Cara have in her account exactly 20 years from today? 1) $16,079,67 2) $43,180.79 3) $35,526.81 4) $19,865.75 5) $24.669.55 If you need to have $100,000 in 9 years, then you must deposit $__today in an account that earns 6% p.a. 1) 64,460.89 2) 54,957.22 3) 59,189.85 4) 46,042.78 5) 39.467.88 Assume you deposit $750 per year beginning three years from today (t = 3) until 15 years from today (t = 15) into an account earning 4% p.a. You will have $____.in your account right after you make the last deposit. 1) 13,325.06 2) 14,132.81 3) 15,795.50 4) 15,128.95 5) 12,470.13 You have invested your money into a project that will pay you $1,000 starting 5 years from today (t = 5) and will continue to pay out until 20 years from today (t = 20). If the interest rate is 6% p.a., then the value of your investment today (t=0) is $__ 1) 8,493.01 2) 8,904.82 03) 7,206.80 4) 8,004.82 5) 7,516.26

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