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Lou Lewis borrows $10,000 to be completely repaid over 10 years at 8%. Repayment of principal in the first year is $1,493 $693 $885 $690
Lou Lewis borrows $10,000 to be completely repaid over 10 years at 8%. Repayment of principal in the first year is $1,493 $693 $885 $690 How much must you invest today at 10% interest in order to see your investment grow to $12,000 in 3 years? $3,050 $3,755 $3,555 $9,012 if you were to put $3,000 in the bank at interest each year for the next 10 years, how much would you have as an ending balance in your account $13,181 $6.975 $39,543 $7,716 Dr.), wants to buy a Dell computer that will cost $1,000 three years from today. He would he to set wide and out the needed. He can earn an 87 annual return. How much should he set aside at the end of each year? $924 $879 $1,540 $1627
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