Question: Show your work. Do not just write down the final answers. For all problems, ignore taxes and transaction costs If you invest $50,000 into an

Show your work. Do not just write down the final answers. For all problems, ignore taxes and transaction costs If you invest $50,000 into an account that earns 8 percent annual return, how much will you have in the account in 10 years? 1. 2. If you owe $100,000 at the end of ten years, how much should your creditor accept in mediately if she could earn 9 percent annual return on her money' payment At an interest rate of 10 percent annually, how long will it take for a sum to triple? 3
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