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Please answer both if possible! Question 2 5 pts A construction company sets aside an amount of $2000 into an investment at the end of
Please answer both if possible!
Question 2 5 pts A construction company sets aside an amount of $2000 into an investment at the end of the summer for interns who work for them each summer. If the intern works each of three summers, i.e. after freshman year, after sophomore year, and after junior year, what is the value at the end of the junior year summer, which is after three summers of work, if the annual interest rate is 1.99%. Interest is compounded annually. A Cash Flow Diagram is always good and strongly encouraged. Be sure to make clear how many $2000 amounts are put into the investment based on what is stated above. Question 3 5 pts Compute the Equivalent Annual Uniform Cost (EAUC) of an expense that has a Present Value of $23,020.23 if an interest rate of 3.75% is used over an 11 year period computing interest annuallyStep by Step Solution
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