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You are considering the purchase of an investment that pays an annual rate of 6.80%, compounded monthly. If you invest $3,500 at the end
You are considering the purchase of an investment that pays an annual rate of 6.80%, compounded monthly. If you invest $3,500 at the end of each month. how many months will it take for your account to grow to $700,000? Round UP to the nearest whole month. O a. 135 months b.95 months c. 114 months O d. 121 months. e. 71 months What is the project's NPV? WACC: Year 7.00% 0 1 2 3 $300$400 $300 Cash flows -$1275 a. $384.10 O b. $416.14 O c. -$275.00 Od. -$431.44 O e. -$400.36
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