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You invested 5000 KD today. If the investment is expected to earn 8% per year, how much will you be able to withdraw at the

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You invested 5000 KD today. If the investment is expected to earn 8% per year, how much will you be able to withdraw at the end of 5 years? Question 3 Not yet answered Marked out of 1.00 P Flag question Answer: You decide to sell your old car in 4 years. You know in advance that each year, this car will cost you 336 KD in maintenance cost. How much should you put aside today to cover for these annual expenses? Assume the interest rate is equal to 8% per year. Question 4 Not yet answered Marked out of 1.00 P Flag

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