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Australia's Net Foreign Debt Has Risen from Less Than 5

question 157

True/False

Australia's net foreign debt has risen from less than 5 per cent of GDP in the mid-1970s to over 50 per cent in 2013.

Calculate the present and future values given different compounding intervals and rates.
Determine the equivalence of cash flows at different time periods using interest rates.
Calculate and apply compound interest rates to savings and investment scenarios.
Understand the concept of compound interest and how it affects savings and investments.

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