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Part A Part B How much would 55,850 due in 50 years be worth today if the discount rate were 7.5%? Select the correct answer.
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Part B
How much would 55,850 due in 50 years be worth today if the discount rate were 7.5%? Select the correct answer. O a $155.80 O b. $151.30 O c. $157.30 O $ d. $154.30 O e $152.80 Your bank offers a savings account that pays 3.5% interest, compounded annually. If you invest $1,500 in the account then how much will it be worth at the end of 25 years? Select the correct answer. 0 a $3.544.87 O b. $3.523.57 O c. $3.537.77 O d. $3.516,47 O e. $3.530.67Step by Step Solution
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