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You will require $6,300 in 4 years. If you earn 7.5% interest on your funds, how much will you need to invest today to reach
You will require $6,300 in 4 years. If you earn 7.5% interest on your funds, how much will you need to invest today to reach your savings goal? Seleccione una: a. $3,717 O b. $3,757 c. $4,075 d. $4,717 Suppose that you will receive annual payments of $17,500 for a period of 10 years. If the interest rate is 5%, how much you will have at the end of the period? Seleccione una: a. $175,000 b. $220.113 c. $275,500 d. $217,500 Find the interest rate implied if you invest $450 and obtain $860 in 10 years. Seleccione una: a. 8.95% b. 7.00% - c. 6.69% d. 5.50% What is the future value in seven years of $1,600,000 invested in an account with an APR of 8 percent, compounded semiannually for 15 years? Seleccione una: a. $5,075,471 o b. $5,000,036 c. $5,189,436 d. $6,508,725
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