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In an account with an interest rate of 7.2% p.a., but with daily compounding (assume 365 days per year), what is the present value of

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In an account with an interest rate of 7.2% p.a., but with daily compounding (assume 365 days per year), what is the present value of the following cash flow stream? Year 0 1 2 3 4 Cash Flow $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 5 5 6 7 8 9 Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar sign or any commas in your answer. For example, record $13,294.287342 as 13294.29. Your Answer: Question 38 (2.5 points) Exactly 41 years from today, Indira wants to have $1,000,000 in her retirement account. If Indira's retirement account pays interest of 12.6% per year, but with monthly compounding, how much must Indira deposit today to achieve her goal? Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar sign or any commas in your answer. For example, record $13,294.287342 as 13294.29. Your Answer Nico just deposited $20,440 into an account that pays interest of 14.7% p.a. How many years will it take the amount of money in Nico's account to triple (i.e. grow to 3 times the amount deposited)? Enter your answer as an integer rounded to 2 decimal places. For example, enter 114.34956 years as 114.35. Assume that the current price of a loaf of bread is $2.59. If the price of bread is expected to increase at an annual rate of 2.7 percent per year, what will a loaf of bread cost exactly 43 years from today? Enter your answer as a dollar amount rounded to 2 decimal places, but do not include the dollar sign or any commas in your answer. For example, record $13,294.287342 as 13294.29. You deposited $30,000 in the bank ten years ago. Today you have $53,725.43. You earned an annual rate of return of %. 1) 5.0 2) 3.0 3) 6.0 4) 4.0 5) 7.0

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