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3 pts Question 8 You want to invest in a ten-year certificate of deposit (CD) at your bank. The stated interest rate is 6%, compounded monthly. Your goal is to have $100,000 at maturity. How much do you need to invest to achieve this result? (positive numbers only, rounded to the nearest cent. le. 12345.67) D Question 9 3 pts Your small business will pay you cash flows of $200 in Years 1-4, $400 in Year 5, $300 in Year 6, $250 in Year 7, and $100 in Year 8. If you require a 13% rate of return, what is the present value of these cash flows? (positive numbers only, rounded to the nearest cent. Le 1234.56)
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