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10 A high-yield investment account returns 8.0% annually. Estimate how much you have to deposit today Question 1: if you want to withdraw $12,000 at
10 A high-yield investment account returns 8.0% annually. Estimate how much you have to deposit today Question 1: if you want to withdraw $12,000 at the end of the third year (at t=3) PV = $9,526 Question 2: if you want to withdraw $4,000 each year for the next 3 years [Select] Question 3: if you want to withdraw $6,000 at the end of the first year (at t=1); $4,000 at the end of the second year (at t=2); and $2000 at the end of the third year (at t=3) PV = $ 10,498 Question 4: if you want to withdraw $2,000 at the end of the first year (at t=1); $4,000 at the end of the second year (at t=2); and $6000 at the end of the third year (at t=3) [Select] Note: Present Value is the amount of money that needs to be invested today to be able to collect or withdraw a single amount, a series of periodic equal amounts (payments), or a series of uneven amounts (payments). 5 Minut
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