9-1 If you invest $500 today in an account that pays 6 percent interest compounded annually, how much will be in your account after two years? 9-2 What is the present value of an investment that...


9-1 If you invest $500 today in an account that pays 6 percent interest compounded annually, how much will be in your account after two years?



9-2 What is the present value of an investment that promises to pay you $1,000 in five years if you can earn 6 percent interest compounded annually?



Jun 04, 2022
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