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Q1.3. At an interest rate of 8% per year, $10,000 today is equivalent to how much (a) 1 year from now, and (b) 1

Q1.3. At an interest rate of 8% per year, $10,000 today is equivalent to how much (a) 1 year from now, and (b) 1 year ago? Q1.4. The Aberdeen Fixed Rate Fund pays a dividend of 10% per year simple interest. If you invest $240,000 today, what total amount will you have accumulated at the end of 3 years?

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