1 compute the future value in year 8 of a 2900 deposit in, Ask an Expert

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1. Compute the future value in year 8 of a $2,900 deposit in year 1, and another $2,400 deposit at the end of year 3 using a 10 percent interest rate. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

2. What would motivate an individual to take a position in a forward contract?

3. Define payback period, net present value (NPV), profitability index, and modified payback period accompanied by equations for better clarity. State significance of each.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92718153

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