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You can invest $70,000 now and receive $2,000 at the end of each month fol additional S38,000 at the end of 2 years, or you can invest the $70,000 now and of each month for the next 2 years. Which opportunity is the most profitable at 40 annum compounded monthly? Draw the time line. (10%) onth for the next 2 years and receive $3,500 + 4% annual tetes o. Determine the future value of an ordinary annuity in which $400 is deposited at the end for 3 years at 4% annual interest compounded quarterly. Draw the time line. (10%) $400 is deposited at the end of each quarter
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