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Chapter 12. Hints and Answers to Exercises

Hints on exercises

Answers to exercises

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Hints on exercises

1.
2.
3.
4.	Future value = present value × (1 + yield)^N
5.	Is a present value generally greater or smaller than a future value?
6.	Future value = present value × (1 + yield)^N Interest = future value – principal
7.
8.	Future value ...

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