1. 2. Akash wants to save $10,000 in five years. If the interest rate is 6%...
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1. 2. Akash wants to save $10,000 in five years. If the interest rate is 6% per annum, compounded annually, how much should Mary invest today to reach her goal? Jahid invests $5,000 in a savings account that offers an annual interest rate of 5%, compounded Semi-annually. How much money will Joe have in the account after 5 years? 1. 2. Akash wants to save $10,000 in five years. If the interest rate is 6% per annum, compounded annually, how much should Mary invest today to reach her goal? Jahid invests $5,000 in a savings account that offers an annual interest rate of 5%, compounded Semi-annually. How much money will Joe have in the account after 5 years?
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