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1. How much would $2,000 become in 10 years at 5% interest? (appendix A-1)
2. How much would $2,000 deposits each year for 10 years at 5% become in 10 years? (appendix A-3)
3. How much money would you have to have on deposit today at a 5% annual interest rate to become $50,000 in 40 years? (appendix A-2)
4. How much money would you have to have on deposit to provide $30,000 each year for 25 years (considering 5% interest)? (appendix A-4)
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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