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If you deposit $45,000 in a savings account that pays 10% interest compounded monthly, for 5 years. What is the future value at the end of five years.
Basic Finance, Finance
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Prepare a amortization schedule for a five-year loan of $71,000. The interest rate is 7 percent per year, and the loan calls for equal annual payments. YEAR BEGINNING BALANCE TOTAL PAYMENT INTEREST PAYMENT PRINCIPAL PAYM ...
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