Cash Flow Diagram Construction
Construct a cash flow diagram for a loan of 2,000 per year for 5 years starting one year from now, at an interest rate of 10%.
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Compound Interest Calculation
If you deposit $1,000 in a savings account that pays 6% interest compounded annually, how much will you have at the end of 8 years?
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Present Worth Calculation
How much must be invested today at 5% compound interest to accumulate $10,000 in 10 years?
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