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Unformatted text preview: FINA 4920 Computers in Finance Assignment 2 Time Value of Money – Part 2 Due date: Thursday, February 9, 2010 (before class) Submit it via email to [email protected] Directions – Either use the template provided (feel free to modify it in any way you deem necessary) or create your own Excel spreadsheet, which should contain all of your work and all of your answers on one single initial worksheet. Copy and paste your answers from your work into the correct slots in the answer sheet labeled ‘Contents’. Include AT LEAST TWO digits after the decimal for every single question, and don’t forget to type your name into the Student Name slot in ‘Contents’. Failure to follow directions will result in points deductions. Time Value of Money - Part 2 1. (1 pt) You have just taken out a $25,000 bank loan. The loan has a single repayment of $29,500 (1 pt) You have just taken out a $25,000 bank loan....
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- Spring '11
- effective annual rate