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please add also detailed formulas used for calculations. thank you 4. If you plan to invest $7000 annually for 5 years and the discount rate

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please add also detailed formulas used for calculations. thank you

4. If you plan to invest $7000 annually for 5 years and the discount rate is 10%. Required: i) Calculate what is the future value? ii) Briefly explain the time value of money. 5. Read the following case and answer the question that follows

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