Question: 3 . How much will $ 1 1 grow to in five years at a 8 % annual tate that is compunded quarterly? Excel function.

3. How much will $11 grow to in five years at a 8% annual tate that is compunded quarterly?
Excel function. Assume PV to be negative.
5. If yoj are schedule to receive $4500 six years from today and the discount rate is 8% what is the present value of this payment?
Excel function
4. If mavericks industries revenues have increased from 42 millikn to $70 million over a 10 year period what has been their
annualrate of growth?
Excel function

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