Question: How much would $ 1 , 0 0 0 , 0 0 0 due in 1 0 0 years be worth today if the discount
How much would $ due in years be worth today if the discount rate was
Assume you plan to buy a condo years from now, and you estimate that you can save $ per year. You plan to deposit the money in a bank account that pays interest, and you will make the first deposit at the beginning of the year. How much will you have after years?
Suppose you borrowed $ on a student loan at a rate of and must repay it in three equal installments at the end of each of the next years. How large would your payments be
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