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Q1. Starting with \$4,500.00, what will it grow to in 5 years at 7.25% compounded daily. a. \$6,385.95 b. \$6,465.89 c. \$6,358.59 d. \$6,835.59 e. \$9,444.50 Q2. If you borrow \$1000 at an APR of 12% and pa… read more
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1) Find the simple interest on the loan. \$1400 at 8%
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I need these answered please 1. Which of the following would result in a decrease in cash flow and a use of cash? A. A decrease in notes payable B. An increase in long-term debt C. A decrease in inven… read more
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(Monthly compounding) How much would you have to invest
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Please answer the following questions: 1) If you borrow \$50,000 at an annual interest rate of 12% for six years, what is the annual payment (prior to maturity) on a discount loan? 2) The furniture sto… read more
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John Sullivan Bought A New Brunswick Boat For \$17,000
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