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1a. If you deposit $41,495.00 at 10.80% annual interest compounded quarterly, how much money will be in the account after 9.0 years?
b. If you deposit $1,351.00 into an account paying 12.19% annual interest compounded monthly, how many years until there is $17,010.00 in the account?
c. What is the value today of receiving a single payment of $93,471.00 in 7.0 years if your required rate of return on this investment is 20.86% compounded semi-annually?
d. If you deposit $577.00 at 14.20% annual interest compounded daily, how much money will be in the account after 7.0 years? (Assume that there are 364 days in a year and show your answer to the nearest cent)
e. Suppose you deposit $801.00 today, $528.00 in one year, and $929.00 in two years in an account that pays an annual rate of interest of 18.06%. How much money will be in the account after three years?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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