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    Contemporary Business Mathematics Study Set 1
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    Exam 9: Compound Interest - Future Value and Present Value
  5. Question
    Calculate the Proceeds of $5000
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Calculate the Proceeds of $5000

Question 106

Question 106

Essay

Calculate the proceeds of $5000.00 due in five years, nine months discounted at 8.0% compounded semi-annually.

Correct Answer:

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N = (5 + blured image )2 = 11.5
...

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