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NOTE: for the following problems, YES all of them! -you MUST show all work INCLUDING the appropriate formula from pages OM 1-9. If you don't

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NOTE: for the following problems, YES all of them! -you MUST show all work INCLUDING the appropriate formula from pages OM 1-9. If you don't show the formula the grade for that problem is zero - as in nothing - and I don't care if you do have the "correct answer" - it's still zero, you know, the number between one and minus one. Yes, I'm serious! TO recap the formulas and these are the ones you must uses: FV = PV (FVIFr.n) FVA = CF (FVIFAr,n) PV = FV (PVIFr.n) PVA - CF (PVIFAr,n) Note: "CF" stands for "cash flow". In the two annuity formulas this would be the same as "PMT" (or paymnet). Youi may find PMT in some texts rather than CF but they stand for the same thing. Similarly, the subcript "r" in all four formulas you may see sometimes as a dfiierent letter, often "i". Again - means the same thing. ESSAY 11: 11. Don may not be the brightest candle on the cake. He has more taxes withheld from his paycheck so he will get a large check come April from the Federal government. (So in other words - he's actually lent the government money at zero % interest - what a guy!) Well, this check came in the mail yesterday. $2,200.00 and he deposited it into a savings account paying 4% interest. Assuming he leaves it there for four years, how much money will he eventually have

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