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Pedro Gonzalez usually dedicate $5,one hundred thousand at the beginning of from year to year for another 9 many years

Pedro Gonzalez usually dedicate $5,one hundred thousand at the beginning of from year to year for another 9 many years

37. The interest rate is 8 percent. What is the future value? A great. $58,471. B. $62,440. C. $67,435. D. $72,435.

38. Ambrin Corp. expects to receive $2,000 per year for 10 years and $3,500 per year for the next 10 years. What is the present value of this 20 year cash flow? Use an 11% discount rate. An effective. $19,033 B. $27,870 C. $32,389 D. none of these

39. Dr. J. wants to buy a Dell computer which will cost $2,788 four years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed.

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