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If a house valued at $103,000 grows to a value of $145,000 in 5 years, what annual return did it earn? QUESTION 6 An investment
If a house valued at $103,000 grows to a value of $145,000 in 5 years, what annual return did it earn? QUESTION 6 An investment will provide a cash flow of $50,000 in 8 years. R=5.5% per year. What is the present value of the investment today? QUESTION 7 If an ounce of gold, valued at $600, increases at a rate of 2.1% per quarter, how many years will it take to be valued at $1000
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