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1. If you need $30,000 in 15 years and you can earn 12% on your investments, what amount do you need to invest today to

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1. If you need $30,000 in 15 years and you can earn 12% on your investments, what amount do you need to invest today to have what you need in 15 years? 2. You are planning a savings program and can make regular payments of $500 per year for 10 years. If you make the first payment at the end of this year and earn 8% interest, how much will you have accumulated in 10 years? 3. In thirty years you will need 4 times as much money as you have now. What rate will give you the amount you need

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