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1. What amount is needed to be invested today at 6% Per annum, compounded semiannually, to equal $17,000 10 years from now?

2. What amount is needed to be invested for 2 1/2 years at 8% per annum, compounded quarterly to equal $5,000?

3. What amount is needed to be invested for 15 years at 12% per annum, compounded semiannually, then reinvented at 16% per annum, compounded quarterly, for five years to equal $25,000?

4. What amount is needed to be invested at 8% per annum, compounded semiannually for three years, then $5,000 more added and the entire amount reinvested at the same rate for another three years,compounded semiannually to equal $12,500.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9202852

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