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Your best friend wins the lottery and gives you a gift option. You need to complete both problems to make your decision. As one gift
Your best friend wins the lottery and gives you a gift option. You need to complete both problems to make your decision.
- As one gift option, they offer to give you the interest only from a $1,000,000 investment with an interest rate of 8% that compounds annually. How much interest do you receive in 5 years?
- As another gift option, they offer to give you the interest only from $2,000,000 investment with an interest rate of 7% that compounds semi-annually. How much interest do you receive in 2.5 years?
- What is the future value of $13,000 at 10% compounded semi-annually over 10 years?
- What is the future value of $13,000 at 10% interest compounded quarterly over 10 years?
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Options Trading For Beginners How To Generate Predictable Income And Make A Living Without Taking Big Risks Even If You Re A Complete Beginner
Authors: Greg Middleton
1st Edition
979-8866955046
