Question: 1. Mr. Ramrez plans to save $ 45 per month for 15 years, the bank pays 1% per month, how much will he have after
1. Mr. Ramrez plans to save $ 45 per month for 15 years, the bank pays 1% per month, how much will he have after 15 years?
2. What is now equivalent to $ 150 per month for 6 years, at an interest rate of 18 per year.
3. Today $ 8,500 is invested in a project, you want to know how much that value amounts to in 5 years at an interest rate of 15% per year.
4. Within 6 years it is required to have $ 6000, to what that value is now equivalent using an annual interest rate of 16%
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