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A1.If you deposit $12,000 in a bank account that pays 10% interest annually, how much will be in your account after 7 years?

A2. What is the present value of a security that will pay $10,000 in 20 years at an interest rate of 8%?

A3. Find the future value of the following ordinary annuities: a. $600 per year for 10 years at 10% b. $300 per year for 5 years at 5% c. $600 per year for 5 years at 0%

A4. Find the present value of the following ordinary annuities:

a. $600 per year for 10 years at 10%

b. $300 per year for 5 years at 5%

c. $600 per year for 5 years at 0%

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92792390

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