$1000 Deposited in a CD earning interest of 1.5% per yearHow much can be withdrawn at...
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$1000 Deposited in a CD earning interest of 1.5% per yearHow much can be withdrawn at the end of 10 years? Answer the following: a. Draw Cash Diagram b. Calculation Method c. Factor Notation Method d. Excel 2. Present Value A friend wants you to buy a parcel of land with an expected value to increase to $80,000 in the next 5 years. Your other investments yield 5% and you believe the land will increase in value to $80,000. What's the maximum you should offer and be competitive with your other investments? Answer the following: a. Cash Diagram b. Calculation c. Factor Notation d. Excel
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