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Homework answers / question archive / Question 4 Not yet answered Lydia is the CFO of Ko Go Inc
Question 4 Not yet answered Lydia is the CFO of Ko Go Inc. Lydia plans to invest $500 per month for the next five years in a mutual fund averaging an annual return of 10%. At the end of the five years, Lydia wants to invest the entire amount to yield 8% for 10 years. If the preceding events occur as planned, Lydia would like to know how much will have 15 years from now? Points out of 1 Flag question Select one: O A. $17.444 O B. $38,719 O C.$57.983 O D. $83,590 Question 5 As the interest rate increases the present value of an amount to be received at the end of a fixed period Not yet ansvered Points out of 1 Select one: © A. increases Flag question OB. decreases O C. remains the same. OD. Not enough information to tell Nod page