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ons 1) Assume you deposited $1,000 in a bank that offered 10% annual interest rate. If you kept your money for 5 years how much

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ons 1) Assume you deposited $1,000 in a bank that offered 10% annual interest rate. If you kept your money for 5 years how much money you would have in the 5th year? ments 2) You are expecting to receive $1,000, five years from now. How much this future cash flaw is worth today if the interest rate is 10%? Drive roctoring 60 3) You have $1,000 today and you want to grow them to $2,000 in three years. How much interest rate you should get to achieve your goal? 4) How long you need to wait to make $3.000 grow to $6,000 if you can carn 10% on your money

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