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EINANCE APPLICATIONS - SHOW.FORMULA USED WITH VALUES APPLICABLE TO THE PROBLEM and INTERMEDIATE CALCULATIONS. ROUND TO CENTS. An investment of 200 is made at 3%
EINANCE APPLICATIONS - SHOW.FORMULA USED WITH VALUES APPLICABLE TO THE PROBLEM and INTERMEDIATE CALCULATIONS. ROUND TO CENTS. An investment of 200 is made at 3% simple interest for ye years. How much is the final value in 5 years? A PLIIDID A +.00) 1. Final value 2.33 2. The monthly mortgage payment on a 30-year mortgage with an interest rate of 2.75% is 5590. What is the amount borrowed under the mortgage? 3. An investor invests $1000 at the end of each year over a 35-year period. The return on the invested amount is 79. How much will the investor have at the end of the 35-year period? 4. $5000 invested now at 4% will be worth how much in 10 years assuming continuous compounding? Louco) A - 7459,1 6= 5200 R= per ( 5. $5000 invested now at 4.25% will be worth how much in 10 years assuming monthly compounding? A: PC 1 - 5000 Lt.0475/13) (A= 7,642, 21
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