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1. Suppose you invested $1,100 in an account that pays 10.00% interest compounded, annually. How many years would you need to wait until the account reached $3000.00? Assume you make no additional deposits or withdrawals to or from your account.

2. What is the definition of net present value NPV of a general stream of Cash flows: (C0,C1,C2...Cn)? EXPLAIN 2-3 LINES.

3. If you wanted to invest 700.00 in an account today and you wanted the account to be $1400.00 6.0 years from now, what would the interest rate, compounded annually, have to be? Assume you make no additional deposits or withdrawals to or from your account.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92793072

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