Question: 1. How much will you have when deposit $25,000 for 9 years, if the interest is 12%? 2. If you want to have $200,000 in
1. How much will you have when deposit $25,000 for 9 years, if the interest is 12%? 2. If you want to have $200,000 in 3 years and you can earn 12%, how much would you have to depo it today? 3. If you think you can sell an asset for $60,000 in five years and you think the appropriate discount ra e is 9%, how much would you be willing to pay for the asset today? For example, you were buying a classic car
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