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How much more would earn in three years

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Problem 1: Roberto Carlo needs to decide whether he accepts a $ 15,000 bond today or waits two years and receives $ 30,000. The CAGR she could invest in is 6%. What should Roberto do?

Problem 2: How much more would you earn in three years if you invest $ 20,000 at a compound interest rate of 6.75%, instead of a simple interest rate of 5.75%?

Reference no: EM132996073

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