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Question 7 (10 points) Towson Industries is considering an investment of $256,950 that is expected to generate returns of $90,000 per year for each of

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Question 7 (10 points) Towson Industries is considering an investment of $256,950 that is expected to generate returns of $90,000 per year for each of the next four years. What percentage is the investment's internal rate of return? [Hint: Do not enter the percentage sign in your answer. Round your answer to the nearest whole number. For example 36.31% should be entered as 36] Your Answer: Answer Question 8 (10 points) If you invest $1,200 today at your local bank for 5 years at 6.8% interest rate. How much will you have? (Hint: Compounding interest rate at end of the year] [Hint: Round your answer in 2 decimal places)(Hint: use the formula to calculate the answer. Do not use the factor table] Your

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