1)How much must Killua deposit today in a bank account paying 11% of interest compounded...
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Finance
1)How much must Killua deposit today in a bank account paying 11% of interest compounded semi-annually if Killua wish to have $12917 at the end of 13 years
2)Hisoka has just bought a house. He estimates that the roof will have to be renewed at a cost of $28697 after 17 years. To cover these costs, he intends to save an equal amount of money at the end of each year, earning 8% annual interest rate. How much is his yearly deposit
Compute the effective annual rate if the interest rate is 11% compounded daily
3)Calculate the present value of a constant cash flow of $9 a year with zero growth, measured over an infinite period at a discount rate of 5% (
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