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QUESTION 1 2 years ago, Caroline invested $ 2 0 , 0 0 0 . She has earned and will earn compound interest of 1

QUESTION 1
2 years ago, Caroline invested $20,000. She has earned and will earn compound interest of 14.7 percent per year. In 1 year from today, Mardy can make an investment and earn simple interest of 8.8 percent per year. If Mardy wants to have as much in 4 years from today as Caroline will have in 4 years from today, then how much should Mardy invest in 1 year from today?
QUESTION 2
Lara owns two investments, A and B, that have a combined total value of $50,000. Investment A is expected to pay $35,000 in 6 years from today and has an expected return of 13.25 percent per year. Investment B is expected to pay X in 2 years from today and has an expected return of 17.63 percent per year. What is X, the cash flow expected from investment B in 2 years from today?
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