3. Calculate the requested value for each of the following investment scenarios. Scenario 1: Invest...
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3. Calculate the requested value for each of the following investment scenarios. Scenario 1: Invest $1000, receive $1150 one year later. Determine the interest rate. Scenario 2: Invest $3500 at 4 % per year. Determine the yield after two years. Scenario 3: Receive $42,400 one year after investing in a bond fund. Determine the original investment at 6% interest
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