What would involve the type of computation

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Problem 1: If a person deposited $10,000 earning 9 percent for 11 years, this would involve what type of computation?

1. Simple interest

2. Future value of a single amount

3. Future value of a series of deposits

4. Present value of a single amount

5. Present value of a series of deposits

Problem 2: What is the future value of $20,000 received today, after 10 years if it is invested at 6% compounded annually for the next six years and 5%, compounded semi-annually for the remaining four years? (Round your answer)

1. $25,000

2. $31,000

3. $32,772

4. $34,567

5. $38,817

Reference no: EM132709943

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