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Question 11 (0.5 points) What is the interest rate that would make $10,000 received in the first year equivalent to $3,500 received each year for
Question 11 (0.5 points) What is the interest rate that would make $10,000 received in the first year equivalent to $3,500 received each year for 4 years? 14.02% 14.98% 14.75% 14.88% Question 12 (0.5 points) Suppose you have a cash outflow for your business $200,000 at the end of year 1. It increases 5% a year. what will be the size of the cash outflow in year 15? $425,898 $399,999 $375,875 $395,986
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