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How much shall it grow at the end of 6 years

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-JJ co. ltd is investing in machinery that costs shs 80,000,000, it expects to earn shs 60,000,000 in year 1, shs 30,000,000 in year 2 and shs 10,000,000 in year 3; the required rate of return is 30%. How much wealth will this company have accumulated at the end of year 3?

-An investor wants to raise shs 80,000,000 after 4 years; how much will he need to start saving today at an interest rate of 15% ?

-Suppose that shs 25,000,000 is placed in a savings account of a bank at 11% interest rate per anum. How much shall it grow at the end of 6 years?

Reference no: EM133071516

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