1 we have an investment of 15000on which we receive 1000, Ask an Expert

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1) We have an investment of $15,000on which we receive $1,000 yearly, as well as $20,000 7 years later. Compute the interest on that investment.

2) We invest $10,000 for 10 years. we receive $14,000 10 years later. the interest is 25% anually. What is the annual receipt we make?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91546375

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