Problem 3.17 – Equivalent to having
Fundamentals of Corporate Finance
Berk, DeMarzo, and Harford
05th Edition
Having some money today is equivalent to having some money later.
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Having some money today is equivalent to having some money later.
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Given the savings bond amount, years, and interest rate… determine what you’d pay today for the bond.
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Given the interest rate, cash deposited, and years… determine your bank balance in given years.
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Determine the present value of an amount of money at various interest rates.
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Given interest per year, and when you deposit the money… determine how much you will have in the bank in two years.
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Your cousin is going to college. Determine the amount to put away.
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