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a. Suppose you invest $95,091.00 today in an account that earns 6.64% interest annually. How much money will be in your account 15.0 years from today?
b. What is the value today of single payment of $29,987.00 , 5.0 years from today if the value is discounted at a rate of 21.99% ?
c. How many years would it take an investment of $917.00 to grow to $6,339.00 at an annual rate of return of 12.49% ?
d. How much money would you need to deposit today at 17.42% annual interest compounded monthly to have $31,325.00 in the account after 6.0 years?
e. If you deposit $883.00 into an account paying 10.92% annual interest compounded quarterly, how many years until there is $88,176.00 in the account?
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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