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Suppose you are able to save $1,000 per year by not purchasing coffee everyday. If you earn a return of 6% on your savings, how
Suppose you are able to save $1,000 per year by not purchasing coffee everyday. If you earn a return of 6% on your savings, how much will you have in 45 years' time? $299,743.77 $45,888.99 $112,555.10 $212,743.51 Suppose an annuity, A1, that pays Cat the end of each year until year T, has a discount rate of 5% and a present value of $100,000. A second annuity, A2, has the same annual payment C, and discount rate of 5%, but instead has its first payment today and its final payment at the end of year T-1. What is the present value of the second annuity, A2? $110,000. $99,000 $100,000 $105,000 If you purchase Tesla shares via an online broker (e.g. E-trade) today, Tesla receives a part of the proceeds of the purchase. True False
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