Time Value of Money 1. How much will $100 grow invested at 10% by the...

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Finance

Time Value of Money 1. How much will $100 grow invested at 10% by the end of 20 years? Show formulas, do the math step by step until the final result, and indicate units of measurement. 2. How much do you have to invest today to receive $114.49 in 2 years, invested at 7%? Show formulas, do the math step by step until the final result, and indicate units of measurement.

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