Question: Problem #5 (TVM-future value): Last year, Tom sold fair trade ground coffee for $10.00 a pound. If interest rates are 4%, what would be the

Problem #5 (TVM-future value): Last year, Tom sold fair trade ground

Problem #5 (TVM-future value): Last year, Tom sold fair trade ground coffee for $10.00 a pound. If interest rates are 4%, what would be the price of coffee: 1. In 5 years? 2. In 15 years

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Problem #5 (TVM-future value): Last year, Tom sold fair trade ground coffee for $10.00 a pound. If interest rates are 4%, what would be the price of coffee: 1. In 5 years? 2. In 15 years

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