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Q4. An investment offers $7000 per year for 2 years, with the first payment occurring 1 year from now. If the required retum is 9
Q4. An investment offers $7000 per year for 2 years, with the first payment occurring 1 year from now. If the required retum is 9 percent, what is the value of investment? A) $12.313.77 B) $15.314.12 C)$11.301.52 D) S12.156,48 Q5. Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you $25,000 in 10 years. If the required retum on this investment is 7 percent, how much will you pay for the policy? A) $13.112.68 BI$12.708.73 C) $13.134.44 D) $12.714.18
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