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You just inherited $200,000 from your aunt Sadie. You immediately invest the $200,000 in a five year certificate of deposit that earns 5.5% p will

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You just inherited $200,000 from your aunt Sadie. You immediately invest the $200,000 in a five year certificate of deposit that earns 5.5% p will the certificate of deposit be worth at the end of the five year investment period? er year. How much You just purchase a new BMW by paying $5,000 cash and borrowing $40,000 at an annual interest rate of 6%. What is the monthly payment amount required to pay the loan off over 72 months? Buck Adams is a high school baseball player who can throw in the low 90s MPH. He has received offers from three different professional baseball teams to play minor league professional baseball. The Pittsburgh Pirates have offered a signing bonus of S350,000 along with an annual salary of $200,000 each year for five years. The New York Mets have offered as signing bonus of $250,000 along with an annual salary of $220,000 each year for five years. Finally, the L.A. Dodgers have offered a $400,000 signing bonus along with an annual salary of S170,000 each year for five years. Assuming an annual rate of interest of 8%, which offer is the best financial deal for Buck? Provide support for your

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