2 Answered Questions for the topic Time Value Of Money

Time Value Of Money Finance Inflation

03/01/20

Inflation Adjusted Savings
You need $75,000 in today's dollars for a purchase in 3 years. You expect that your savings will earn 7% compounded annually, and inflation will be 4%. You will make 3 equal annual deposits... more
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Time Value Of Money

05/30/14

A loan company charges 50$ a day for each 1000$ borrowed.Suppose you borrow 5000$ for 60 days,what annual simple interest rate will you pay the company?
This is a question on financial maths
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Expert Answers •1

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