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You are offered an investment that will pay you $5,629 every year for 5 years. If you require a 8.8% return on investments with the
You are offered an investment that will pay you $5,629 every year for 5 years. If you require a 8.8% return on investments with the same levels of risk, how much are you willing to invest today? Answer and round to the nearest cent. You save $154 every month in an account that earns 0.4% per month. How much will you have in your account after 286 months? Answer and round to the nearest cent. A loan's quirky terms require the first payment to be made at the moment the money is lent. Payments are $29 every month, the monthly interest rate is 0.68%, and the loan is paid off in equal payments over 6 years. How much money was borrowed? Answer and round to the nearest cent
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