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Fifteen years ago, Jackson Supply set aside $ 1 3 0 , 0 0 0 in case of a financial emergency. Today, that account has

Fifteen years ago, Jackson Supply set aside $130,000 in case of a financial emergency. Today, that account has increased in value to $373,014. What annual rate of interest is the firm earning on this money?
6.89 percent
7.28 percent
6.42 percent
5.80 percent
7.53 percent
2 points
You are considering a project which will provide annual cash inflows of $4,500,$5,700, and $10,000 at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a 9 percent discount rate?
$16,647
$15,028
$15,103
$16,314
$16,847
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