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FIN571 FIN/571 WEEK 4 QUIZ WILEYPLUS
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Posted on 10/24/2014 at 8:39:47 PM
 
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FIN571 FIN/571 WEEK 4 QUIZ WILEYPLUS (FIND 100% SOLUTION)
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Posted on 10/24/2014 at 8:39:47 PM
 
Posted By : Bestmind
   
 
A:
1. Present value: Tommie Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he will have $25,000 in seven years? (Round to the nearest dollar.) $26,625 $16,088 $23,474 $38,850 2. PV of multiple cash flows: Jack Stuart has loaned money to his brother at an interest rate of 5.75 percent. He expects to receive $625, $650, $700, and $800 at the end of the next four years as complete repayment of the loan with interest. How much did he loan out to his brother? (Round to the nearest dollar.) $2,250 $2,404 $2,713 $2,545 3. PV of

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10201424413908FIN571 FIN571 Week 4 Quiz .doc


 
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