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You want to save for a trip to Cancun 4 years from now when you graduate. Assuming a 5 annual interest rate (compounded annually), how
You want to save for a trip to Cancun 4 years from now when you graduate. Assuming a 5 annual interest rate (compounded annually), how much must you deposit today to have exactly 2,830.05 dollars to take your trip when you graduate? UESTION 3 The difference between the price to buy and the price to sell stocks is A Bid-ask spread O B. Volume spread Long ask differential D Short option spread QUESTION 4 When using ratios such as P/E or EPS for comparsion purposes, it is not necessary to consider peer groups or industry cohorts A True B. False UESTION 5 How much would you have to deposit each month into an account that earns 5% interest (compounded monthly) if you wanted to have $17,087 8 years from now? (Your first deposit will be one month from now and your last 8 years from now.) Hint: How many months does 8 years equal
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