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Problem 1: Suppose we invest $100 today. Calculate the future value 20 years from now under the following annual interest rates (i.e. n-1) by using

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Problem 1: Suppose we invest $100 today. Calculate the future value 20 years from now under the following annual interest rates (i.e. n-1) by using the formula above. a) 0.06% (a typical savings account rate) % (a typical high-yield money market rate c) 2.88% (a typical 30-year US Treasury Bond Yield) d) 11.9% (the 30 year average annual growth rate of the S&P 500 between 1986-2016)

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