Exam 6: Simple Interest
Exam 1: Review and Applications of Basic Mathematics385 Questions
Exam 2: A: Review and Applications of Algebra223 Questions
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Exam 6: Simple Interest302 Questions
Exam 7: Applications of Simple Interest168 Questions
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Exam 10: Annuities: Future Value and Present Value257 Questions
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Two payments of $3,000 each are due in 50 and 100 days. What is their combined economic value today if money can earn:
a) 9%?
b) 11%?
c) Explain why the answer in part (b) is smaller.
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