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How much will have at the end of the tenth year

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Problem 1: What is the present value of $20,000 to be received in 15 years? Your required rate of return is 7% per year

Problem 2: If you invest $2,000 a year for 10 years at 8% annual interest, how much will you have at the end of the 10th year?

Problem 3: If you buy a 10 year, 2% CD for $15,000. How much is it worth at maturity?

Problem 4: How many years will it take to double your investment of $8,500 at an interest rate of 7%?

Reference no: EM132935511

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