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  3. 1. calculate the accumulated value if 10,000,000,

1. Calculate the accumulated value if 10,000,000, given that it will be held in the...

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Finance

1. Calculate the accumulated value if 10,000,000, given that it will be held in the bank for five years at an annual interest rate of 7 percent.

2. Determine the present value of an annuity due of 350,000 per year for 5 years discounted back to the present at an annual rate of 10 percent.

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