Find the final F value from P=1500 if the i% keeps changing in the next 15 years as following: 5% for the first 4 years, 8% for the next 5 years and 10% for the last 6 years.
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What is the future value of a $15,000 investment today if fo…
What is the future value of a $15,000 investment today if for the next 4 years the interest rate is assumed to be 5%? Use interest table.
What equal amount (Q) must be deposited at the beginning of…
What equal amount (Q) must be deposited at the beginning of each year for the next 5 years in a saving account with 10% interest in order to get a future sum of $1000 at the end of year 6. The Value of Q is most nearly:
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$7520 is equivalent to $8250, 2 years later if i=8% compound…
$7520 is equivalent to $8250, 2 years later if i=8% compounded semi-annually.
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Purchasing power of money depends upon the rate of interest and time period
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