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You have now invested some money in your bank account with an interest rate of 5% every year. At year 3 , you will find
You have now invested some money in your bank account with an interest rate of 5% every year. At year 3 , you will find out that you have $30,000 in your bank account. How much money will you have in your bank account at year 2 ? a. $25,915.13 b. $27,210.88 c. $28,571.43 d. $30,000.00 e. None of the above What is the present value at year zero for the cash flows of $100,$300 and $500 received at years of 1,2 , and 3 , respectively, at a discount rate of 10% ? a. $814.50 b. $716.51 C. $714.50 d. $624.50 e. None of the above What is the present value at year zero for the cash flow of $12,000 received at year 1 at a discount rate of 10% ? a. $9,015.78 b. $12,000.00 c. $9,917.36 d. $10,909.09 e. None of the above What is the present value at year zero for the cash flow of $12,000 received at year 3 at a discount rate of 0 ? a. $9,015.78 b. $12,000.00 c. $9,917.36 d. Any of the above e. None of the above
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