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Question 6 3.5 pts Ten years ago, Mister Newt invested in a project that guaranteed a 12% return, compounded quarterly. Today, Mister Newt has $4,000,000.
Question 6 3.5 pts Ten years ago, Mister Newt invested in a project that guaranteed a 12% return, compounded quarterly. Today, Mister Newt has $4,000,000. Mister Newt originally invested: $833,200 O $1,000,000 O $1,226,400 O $1.247.200 $1,288,000 Question 7 3.5 pts Sardigna Natzione just received a restricted contribution from a donor. The gift of $1,500,000 cash must be put in a mutual fund indexed to the stock market for 40 years before it can be used. If Sardigna Natzione expects the fund to return 10% annually, how much will be available at the end of the 40-year period? O $33,150 O $1,500,000 $14,668,650 O $16,597.223 O $67,888,950 >> Question 8 3.5 pts Katerina Medvedev Enterprises purchased equipment from Daimei Corporation in exchange for a $500,000, 10-year note payable with an interest rate of 6%. What will annual payments be if those payments are made at the end of each year over the life of the loan? O $36,189 O $53,000 O $64,127 O $67,934 O $114,803 Question 9 7 pts Flavius Aetius invested in a $50,000, 25-year savings bond with a stated interest rate of 6%. Interest is compounded annually. Using the above information, answer the following questions: A) When Flavius Aetius redeems the bond in 25 years, how much will he have earned? [Select B) How much more will Flavius Aetius get when he redeems this bond, when compared to a $50,000, 25-year bond that pays simple interest? (Select]
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