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- From: Business,
- Posted on: Sat 27 Jul, 2013
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Request Description

**Finance**

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**1.** Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.

**2.** Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent.

A. What would be the future value if the interest rate is a simple interest rate?

B. What would be the future value if the interest rate is a compound interest rate?

**3.** Find the present value of $7,000 to be received one year from now assuming a 3 percent annual discount interest rate. Also calculate the present value if the $7,000 is received after two years.

**4**. Determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from now if the annual discount rate is 4 percent.

Solution Description

**value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the futur
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