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Show math You need $10,000 within 10 years. If you find an interest with...

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Finance

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  1. You need $10,000 within 10 years. If you find an interest with 8% annual interest, How much would you need to invest today?
  2. If the same investment paid semestral, How much would you need to invest today?
  3. If after the 10 years of saving, you place the $10,000 in an investment that pays out 9% quarterly for two years. What amount of money do you have at the end of the two years?
  4. A man decides to test a new saving strategy. He will pay himself $500 at the end of the year at a 6% annual interest for five years. How much money will he have after the five years? How much money would he have if he paid the $500 at the beginning of the year instead of at the end? What is the actual value of the end of year payment investment? What is the actual value of the beginning of year investment?

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