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How much was the rate of sales growth

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Reference no: EM132825117

Problem 1: Master Paint Industries sales in 2019 were $18 million, while in 2017 it was $10 million. How much was the rate of sales growth?

Problem 2: What is the present value of a perpetuity of $3,500 if the interest rate is 7%. If interest rates are doubled to 14%, calculate the present value?

Problem 3: Calculate the future value of an ordinary annuity that pays $2,350 to 6% over 6 years. Also what would be the future value if this is an early payment annuity.

Reference no: EM132825117

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