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(There are 3 short answer questions) 1. Both you and your older brother would like to have $21,000 in 12 years. Because of your success
(There are 3 short answer questions) 1. Both you and your older brother would like to have $21,000 in 12 years. Because of your success in this class, you feel that are a more savvy investor than your brother and will be able to earn an annual return of 10.6 percent compared to your brot 9.1 percent. How much less than your brother will you have to deposit today? Explain when it is appropriate to use each of the three mos
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