Time value of money, "Time value of money ". If you invest

Time value of money

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Reference no: EM132009689

"Time value of money "

1) If you invest $ 9500 per period for the following number of periods, how much would you have?

a) 10 years at 10%

b) 15 years at 9 %

2) Mrs. Crawford will receive $9600 a year for the next 18 years from her trust . If a 12% interest rate is applied, what is the current value of the trust?

3) You invest $15000 in a rae, mint condition coin. You expect the coin to increase in value 12% per year for the next 10 years. How much will your coin be worth after 10 years?

Reference no: EM132009689

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