question1: you want to have $5,000 to spend on your honeymoonwhenever you get ma

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question1: you want to have $5,000 to spend on your honeymoonwhenever you get married. Explain how you can minimize the amountyou must save for this purpose. Question 2: explain the relationship between time and the rateof interest if you require $2,000 in the future but only have$1,500 today. Question 3: If it is generally agreed that net presentvalue is the best overall method of analyzing an investment, thenwhy should any other method ever be used? question1: you want to have $5,000 to spend on your honeymoonwhenever you get married. Explain how you can minimize the amountyou must save for this purpose. Question 2: explain the relationship between time and the rateof interest if you require $2,000 in the future but only have$1,500 today. Question 3: If it is generally agreed that net presentvalue is the best overall method of analyzing an investment, thenwhy should any other method ever be used?

Explanation / Answer

Hi R u sure of the Book name, Chap No 6 & Prob 15P? I have this book but I couldn't find this problem. Pl let me know the name of book so I can study & revert withanswer Thanks

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