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Please answer questions in EXCEL or EXCEL sheet format 9. Present value: Roy Gross is considering an investment that pays 7.6 percent, compounded annually. How

Please answer questions in EXCEL or EXCEL sheet format

9. Present value: Roy Gross is considering an investment that pays 7.6 percent, compounded annually. How much will he have to invest today so that the investment will be worth in six years?

10. Present value: Maria Addai has been offered a future payment of two years from now. If she can earn 6.5 percent, compounded annually, on her investment, what should she pay for this investment today?

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