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ems 1. How much would Amad need to invest at 10 % interest in order to accu- mulate $10,000 in two years? 2. An accumulation

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ems 1. How much would Amad need to invest at 10 % interest in order to accu- mulate $10,000 in two years? 2. An accumulation of $100,000 is needed in twelve years from today, how much does Derek need to invest at 7 % interest rate 3. Alia borrowed $4,000 from Jackie and promised to pay her $8,808 after 2 years. Calculate the simple interest rate. 4. Samantha is hopeful that she could have a $1,000,000 in twenty years for her retirement. If the rate of return is 20% on her investment in a Con- struction Company, what is her investment worth today? 5. Calculate the number of years that you need to double $5,000, if the yearly simple interest rate is 12% 6. A 3D printing machine will cost $75,000 ten years from now. What will this machine cost three years from now if i= 10%. 7. An investment of $3,000 today will give you $10,000 in 20 years. Another investment of $5,000 will give you $8,000 in 7 years. Which investment is better? 8. An operations manager in a high tech company located in Bemidji MN is looking to buy a machine that is worth $100,000. The company decided to get a loan with a $40,000 down payment. The company agreed to re- pay the loan in five years. If the interest is 10% per year, calculate the total cost of the machine including interest.. 9. Determine the present value P for the given cash flows in the table below. i = 10% per year

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