Question: answer the problem solving under investment management? Problem 16 Find the future value of 100,000 for 15 years. The current five-year rate is 6%. Rates
answer the problem solving under investment management?
Problem 16
Find the future value of 100,000 for 15 years. The current five-year rate is 6%. Rates for the second and third five-year periods and expected to be 6.5% and 7.5%, respectively.
The answer is:
Problem 17
If farm land is currently worth 1,750 per acre and is expected to increase in value at a rate of 5 percent annually, what will it be worth in 5 years? In 10 years? In 20 years by factor formula and table?
The answer is:
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