Question: QUESTION 3-5 PLEASe QUESTION 3 How much more is a perpetuity of $1000 worth than an annuity of the same amount for 14 years? Assume
QUESTION 3-5 PLEASe
QUESTION 3 How much more is a perpetuity of $1000 worth than an annuity of the same amount for 14 years? Assume an interest rate of 5% and cash flows at the end of each period. QUESTION 4 How much interest is earned in just the third year on a $1,000 deposit that earns 9% interest compounded annually? QUESTION 5 What is the present value of $100 to be deposited today into an account paying 6%, compounded semiannually for 3 years
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