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Find the future value of an ordinary annuity

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Question - Master Paint Industries sales in 2019 were $ 18 million, while in 2017 they were $ 10 million. Determine the rate of sales growth.

Determine the present value of a $3,500 perpetuity if the interest rate is 7%. If interest rates doubled to 14%, find present value.

Find the future value of an ordinary annuity that pays $ 2,350 at 6% over 6 years. It also determines the future value if this were a prepayment annuity.

Reference no: EM132847873

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