A).$4500 will be paid 6 years and 10 months now. Find present value of payment if interest is at rate j2 = 9%. Use the practical metho. B). An investment fund guarantees to double your money in five...

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A).$4500 will be paid 6 years and 10 months now.<br>Find present value of payment if interest is at rate<br>j2 = 9%. Use the practical metho.<br>B). An investment fund guarantees to double your<br>money in five years. What rate of j2 is implied ?<br>C). If money doubles at certain rate of interest<br>compound monthly in six years. How long will<br>it take to the same amount of money to triple in<br>valuy ?<br>

Extracted text: A).$4500 will be paid 6 years and 10 months now. Find present value of payment if interest is at rate j2 = 9%. Use the practical metho. B). An investment fund guarantees to double your money in five years. What rate of j2 is implied ? C). If money doubles at certain rate of interest compound monthly in six years. How long will it take to the same amount of money to triple in valuy ?

Jun 06, 2022

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A).$4500 will be paid 6 years and 10 months now. Find present value of payment if interest is at rate j2 = 9%. Use the practical metho. B). An investment fund guarantees to double your money in five...

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