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help me thank you Document (2) A n 1. What is the present value of $10,000 to be paid in 3 years at 5 compounded
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Document (2) A n 1. What is the present value of $10,000 to be paid in 3 years at 5 compounded monthly? 2. From the borrower's perspective, what is the interest rate charged on a loan of P100,000 that requires four annual payments of P27,000 using annual compounding? 3. What is the present value of receiving a single amount of P150,000 at the end of five years, if the time value of money is 6% per year, compounded semi-annually? 4. If $50,000 is deposited in a bank saving account, how much would be in the account 4 years hence if the bank paid 6% interest compounded annuallyStep by Step Solution
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