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Acompany has agreed to pay $4.6 million in 6 years to setle a lawsuit. How much must it invest in an account paying 6% annual
of inflation has been running at 2.57% per year and a new car costs $34,200 today, what would it have cost 2 years ago? A car
Find the time it would take for the general level of prices in the economy to double at an average annual inflation rate of 2
Find the time it would take for the general level of prices in the economy to double at an average annual inflation rate of 4
Find the future value for the annuity due with the given rate. Payments of $14,000 for 9 years at 0.22% compounded monthly Th
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Answer #1

Soll Given No. of years = 6 years Annual rate = 64. Que amount in 6 years F = $4.6 million Period rate = monthly rate = 67. ४

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