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Homework answers / question archive / 1) Ch

1) Ch

Finance

1) Ch. 6, p. 226, problem P6.26 a (Marshall, D. H., McManus, W. W., & Viele, D. F., 2004).

What's the existing worth of nine annual cash repayments of $4,000, to be paid at the conclusion of every year with a rate of interest of 6%?

2) Ch. 6, p. 226, problem P6.26 b (Marshall, D. H., McManus, W. W., & Viele, D. F., 2004).

What's the existing worth of $15,000 to be paid at the conclusion of 20 years, with an rate of interest of 18%?

3) Ch. 6, p. 226, problem P6.26 c (Marshall, D. H., McManus, W. W., & Viele, D. F., 2004).

How much money should be placed in a savings account like a sole sum so as to increase $300,000 at the conclusion of 12 years, supposing that the account will make 10% interest?

4) Ch. 6, p. 226, problem P6.26 d (Marshall, D. H., McManus, W. W., & Viele, D. F., 2004).

How much money should be placed in a savings account (like a sole sum) so as to pile up $50,000 at the conclusion of seven years, supposing that the account will make 12% interest?

5. Topic 6, p. 118 exploration 8b (Sevilla, A., & Somers, K., 2007).

Think about the formula P = 67.38

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