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Word - Hw13(identify) x + u/CourseWare2008/Root/Services/Drive/FileAttachmentDownload.ashx?fname=Homework%2013(Ch4%20Identify)(68797 PDF files? Set as default CD Page view A Read aloud T) Add text V Draw 9. A person
Word - Hw13(identify) x + u/CourseWare2008/Root/Services/Drive/FileAttachmentDownload.ashx?fname=Homework%2013(Ch4%20Identify)(68797 PDF files? Set as default CD Page view A Read aloud T) Add text V Draw 9. A person with $14,000 is trying to decide whether to purchase a car now, or to invest the money at 5.9% compounded semiannually and then buy a more expensive car. How much will they have available at the end of the 3 years if the decide to wait? a. Future Value with compound interest b. Present Value with compound interest C. Future Value of an Annuity d. Present Value of an Annuity e. Sinking Fund f Amortization 10. A company establishes an account for upgrading office equipment with monthly payments of $2,000 into an account paying 8.7% compounded monthly. How much will they have in the 5 years? a. Future Value with compound interest b. Present Value with compound interest c. Future Value of an Annuity d. Present Value of an Annuity e. Sinking Fund f. Amortization O 99+
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