Interest had compounded annually

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1. Beatrice invests $1,290 in an account that pays 4 percent simple interest. How much more could she have earned over a 5-year period if the interest had compounded annually? A. $25.02 B. $107.41 C. $31.28 D. $18.08 E. $21.48.

2. Compute the MIRR statistic for Project J if the appropriate cost of capital is 8 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project J Time: 0 1 2 3 4 5 Cash flow –$1,800 $590 $1,880 –$600 $540 –$180.

Reference no: EM131851847

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