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Find the following values for a lump sum assuming annual compounding:

a. The future value of $3,600 invested at 7.5 percent for one year

b. The future value of 3,600 invested at 7.5 percent for five years

c. The present value of $7,500 to be received in one year when the opportunity cost rate is 6.0 percent

d. The present value of $7,500 to be received in five years when the opportunity cost rate is 6.0 percent

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92077798

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