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Find how much money will have accumulated

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Reference no: EM132608095

Complete the following problems and submit your responses in Drop Box 7.1. You must show your work to receive full credit for the assignment. You may use the Present and Future Values Tables

Question 1: If you are using a calculator or the app just list the steps. If you use Excel just upload your file. You invest $25,000 today at 8% per year. How much money will you have accumulated after 13 years?

Question 2: You are going to receive $150,000 in 25 years. Calculate the present value of the $150,000 using discount rates of 8% and 10%.

Question 3: Your friend has learned that he is going to receive $7,500 a year for the next 10 years. Utilizing 5% interest rate, calculate the current value of the future payments.

Reference no: EM132608095

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