N7 10. Re-calculate problem 7 considering that the increase will be 10% per year. Describe which should
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N7
10. Re-calculate problem 7 considering that the increase will be 10% per year. Describe which should be considered if to maximize results.
7. Determine the Present value of an investment that starts with $75 per paycheck (twice a month) and that increases by $2.5 at a yearly rate of 10%. Consider that this person would save this amount for 35 years.
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