Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 16P
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Question
Please calculate this below (incl. the formula):
a. What do you get at the end, if you save $100 for 8 years with 15% interest rate?
b. What is PV of $100 received in year 10, with 1% discount rate?
c. Hans made investment $10 million with interest rate 6% per annum. What is the value of Hans's investment after 4 years and interest compound annually.
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