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Question 1 : A . You would like to have $ 1 4 3 1 in 3 years to buy a new wardrobe when you
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A You would like to have $ in years to buy a new wardrobe when you graduate and enter the job market. If you think you can earn on your money, how much must you deposit today?
B A family friend collects art and insists that there is a painting that will be worth $ in years. If the interest rate is how much should you be willing to pay for it today?
C An investment will pay $ in years. If the interest rate is how much is it worth today?
D A company has purchased an asset for $ If they require a return of how much must they sell the asset for in years?
E You are looking at some real estate that the broker told you will be worth $ in years. If the interest rate is how much should you be willing to pay for it today? In other words, how much is it worth today?
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