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Question 29 2 pts You borrowed $4,363 on January 1, 2020. The annual interest rate is 8%. Interest is compounded annually. What amount will you
Question 29 2 pts You borrowed $4,363 on January 1, 2020. The annual interest rate is 8%. Interest is compounded annually. What amount will you repay at the end of 5 years? Round your answer to two decimal places. Question 30 2 pts You will receive $44,233 in 15 years. How much is that worth today if the market rate is 7%? Round your answer to the nearest whole dollar leaving out as usual dollar signs and commas. Question 31 2 pts The initial investment is $119,397 and the salvage value is $10,000. The project is expected to generate $25,210 net cash inflows and the annual net income is $4,501. State the annual rate of return in decimal form to two decimal places. (For example, if you calculate 16%, then state your answer as .16)
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