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Question 18 What's the future value of $1,600 after 5 years if the appropriate interest rate is 6%, compounded monthly? $2,179.74 $2,417.14 $2,676.12 $2,093.42 $2,158.16

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Question 18 What's the future value of $1,600 after 5 years if the appropriate interest rate is 6%, compounded monthly? $2,179.74 $2,417.14 $2,676.12 $2,093.42 $2,158.16 stion 1 Your sister is thinking about starting a new business. The company would require $355,000 of assets, and it would be finance entirely with common stock. She will go forward only if she thinks the firm can provide a 13.5% return on the invested capital. which means that the firm must have an ROE of 13.5%. How much net income must be expected to warrant starting the business? $47.925 $45,529 $53,676 $51,759 $44,091 Question 20 Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.1 % with annual compounding? $512.15 $673.89 $667.15 $828.88 $808.66

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