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Q.1. Fifteen hundred dollars ($1500) is invested for 18 months at j12=13%. Find the accumulated value at the end of 18 months. Q.2. Find the

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Q.1. Fifteen hundred dollars ($1500) is invested for 18 months at j12=13%. Find the accumulated value at the end of 18 months. Q.2. Find the effective rate equivalent to j4=16%. Q.3. You owe $1000 due at the end of 18 months and $1500 due at the end of 4 years. If money is worth j4=6%. What single payment now will liquidate these obligations

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