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The sum of $7300 is deposited into an account paying 12% annually. If $ 900 is withdrawn at the end of years 1 year 2

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The sum of $7300 is deposited into an account paying 12% annually. If $ 900 is withdrawn at the end of years 1 year 2 and year 3, how much remains in the account at the end of year 3? What is the present value of the following cash-flow stream if the interest rate is 6%? You receive 650 at the end of first year 200 at the end of second year, and 920 at the end of third year. (6% is annual interest rate and given annual compounding) (Please round your answer to the nearest whole number) Which of the following is NOT a function of financial markets? Multiple Choice Transport Cash across time Risk transfer and diversification Mitigate agency problem Provide information

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