1 walt has 100 in his bank account today if the interest, Ask an Expert

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1. Walt has $100 in his bank account today. If the interest rate is 15.5 percent compounded annually, how much cash will he have in 100 years?

$16,554,223

$987,445,221

$181,216,785

$1,000,000

$10,000

2. Exxon sells its bonds at 108.375. The amount of premium or discount the bond is selling for is:

None of these

$13.57

$13.75

$17.35

$13.25

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92772425

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