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All answers must be entererd as formulas

CHAPTER 5 Saved Help Save & Exit Submit Clipboard Styles A1 E F G What is the future value of $2,400 in 17 years assuming an
two different questions
CHAPTER 5 Saved Help Save & Exit Submit You want to buy a new sports coupe for $79,500, and the finance office at the dealers
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C D E F G H I J K L M N O P Q Q1 Deposit number of years Interest rate Time compounded per year 2400 17 7.90% Future value 8,Q1 2400 17 Deposit number of years Interest rate Time compounded per year 0.079 Future value =FV(C8/09,07*09,0,-C6) 25 K ™ ShΕ F G H I J K M N O P Q Q2 79500 5.80% Cost of car Discount rate number of years Time compounded per year Payment 1,529.58 EfА Q2 Cost of car 79500 Discount rate 0.058 number of years Time compounded per year 12 Payment =PMT(07/09,08*C9,-06) Effectiv

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