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In: Finance

a) How much will a piece of property have to increase in value over the next...

a) How much will a piece of property have to increase in value over the next 5 years if it
is to earn 10% per year on the purchase price?

b) What simple interest rate must be applied to earn the same interest rate over 5
years as earned by an investment at 5% compounded semiannually?

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