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wel
3 years ago
14

Suppose you deposit $116 today, $135 in one year, and $885 in two years in an account that pays an annual rate of interest of 14

.1%. How much money will be in the account after three years?
Business
1 answer:
olga nikolaevna [1]3 years ago
7 0

Answer:

The answer is $1357.85

Explanation:

Future value= Σ C(1+i)^n

FV = 116(1.141^3) + 135( 1.141^2) + 885(1.141) = $1357.85

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Answer:

Option (B) is correct.

Explanation:

Given that,

Project 1:

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Hence,

Annual cash flow = $40,000

Payback period:

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6 0
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3 years ago
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3 years ago
You are trying to find out how high you have to pitch a water balloon in order for it to burst when it hits the ground. You disco
lora16 [44]

Answer:

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and h is the height at wich the ballon was pitched.

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2 years ago
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2 years ago
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