Entries by mary WAMBUGU

What will be the value of the investment in two years? Your brother has asked you to help him with choosing an investment.

What will be the value of the investment in two years?Your brother has asked you to help him with choosing an investment. He has $7,300 to invest today for a period of two years. You identify a bank CD that pays an interest rate of 0.0500 annually with the interest being paid quarterly.   Looking […]

 

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What is the future value of his investment cash flows at the end of three years rounded to the nearest dollar

What is the future value of his investment cash flows at the end of three years rounded to the nearest dollar Chuck Brown will receive from his investment cash flows of $3,125, $3,500, and $3,840 at the end of years 1, 2 and 3 respectively. If he can earn 7.5 percent on any investment that […]

 

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