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Please answer questions in EXCEL or EXCEL sheet format 11. Present value: Your brother has asked you for a loan and has promised to pay

Please answer questions in EXCEL or EXCEL sheet format

11. Present value: Your brother has asked you for a loan and has promised to pay you image text in transcribed at the end of three years. If you normally invest to earn 6 percent per year, how much will you be willing to lend to your brother if you view this purely as a financial transaction (i.e., you don't give your brother a special deal)?

12. Present value: Tracy Chapman is saving to buy a house in five years. She plans to put 20 percent down at that time, and she believes that she will need image text in transcribed for the down payment. If Tracy can invest in a fund that pays 9.25 percent annually, how much will she have to invest today?

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