Help Save & E Consider making an investment of $8,200 each year. If the first...
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Help Save & E Consider making an investment of $8,200 each year. If the first $8,200 Investment is made at the end of this year, how much will you have in: a. 9 years at 7 percent? (Enter your answer as a positive number rounded to 2 decimal places.) b. 25 years at 13 percent? (Enter your answer as a positive number rounded to 2 decimal places.) Assume you have just found out you are entitled to receive $105,000 in 30 years. If the interest rate is 11 percent, what should you be willing to take today in exchange for the future payment? (Enter your answer as a positive number rounded to 2 decimal places.)
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