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Unformatted text preview: increase the future value of your deposit assuming that all interest is reinvested? Assume the interest rate is a positive value. Select all answers that apply: (Points : 4) interest rate initial amount of your deposit frequency of the interest payments None of the above will increase the value of the investment 5. (TCO 3) If you borrow $50,000 today at 10% interest for eight years. How much of your second payment will be applied towards the principal of the loan? (Points : 3) $5,000 $4,372 $4,809 cannot be determined with the information given 6. (TCO 3) Match the following terms with the examples as appropriate: (Points : 4) Answer : Pure discount loan : Amortized Loan : Interest-only Loan...
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