questions
1. $2000 is invested at 5% annually for 20 years. What sum will be received at the end of the investment period? 2. What is the present value of $2,000 that will be received in 5 years if the inflation rate is 6% annually? 3. What is the present value of a series of annual payments of $10,000 over 10 years if the annual inflation rate is 8%?
Please help with all 3 1. $2000 is invested at 5% annually for 20 years. What sum will be received at the end of the investment period? 2. What
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