A you want to have 7500 saved 8 years from now how much, Ask an Expert

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A. You want to have $7,500 saved 8 years from now. How much less can you deposit today to reach this goal if you can earn 7 percent rather than 5 percent on your savings?

B. What is the present value of $17,500 discounted at 9 percent for 11 years?

C. Charlie invested $8,000 in a stock last year. Currently, this investment is worth $10,388.38. What is the rate of return on this investment?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92815288

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