1 suppose you invest 87743 today in an account that earns, Ask an Expert

Finance

1. Suppose you invest $87743 today in an account that earns 14% interest annually. How much money will be in your account 10 years from today?

Dollar amount in account =

2. What is the value today of single payment of $35558, 17 years from today if the value is discounted at a rate of 20%? (Answer to nearest cent.)

Value today =

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92850562

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