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please help me with this assignment (provide a step by step detailed) Using the financial calculator, solve the following problems: 1. You identified an investment
please help me with this assignment (provide a step by step detailed)
Using the financial calculator, solve the following problems: 1. You identified an investment that pays you the following cash flows, If you require a 5% return, how much will you have accumulated at the end of year 5 ? 2. If you receive an ordinary annuity payment for 5 years that equals $3000 each year, and you accept the bank deposit interest rate of 10% as a suitable growth rate, then the future value of this annuity is 3. The present value of an annuity due lasting for 4 years with an annual payment of $5000 at an interest rate of 5% is Step by Step Solution
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