How much would this amount differ from simple interest

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1. If you deposit $17,000 today in an account earning an annual rate of return of 10%, how much interest would be earned in the third year? How much would this amount differ from simple interest?

2. If a firm has a cash cycle of 43 days and an operating cycle of 116 days, what is its average payment period?

3. Assume that a firm has a DFL of 1.25. If sales increase by 20 percent, the firm will experience a 60 percent increase in EPS, and it will have an EBIT of $100,000. What will be the EBIT for this firm if sales do not increase?

Reference no: EM131851640

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