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    How would rule 72 apply?

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    How do investments help a company such as Exxon Mobil? How would rule 72 apply?

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    Investment in finance means putting money into something with the expectation of gaining (either capital gain or interest gain), and virtually every company needs to invest. First of all, it is important to realize that companies generate revenue on an ongoing basis (everyday for example), but financial payments occur periodically. For example, suppose that Exxon generates 10 million every ...

    Solution Summary

    The expert determines how investments help a company such as Exxon Mobil.