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1A. What is the future value of investment Options 1, 2, and 3? B. Which one is the best investment options and why? C. If

1A. What is the future value of investment Options 1, 2, and 3?

B. Which one is the best investment options and why?

C. If the Johnsons only needed $750,000 to retire, how much money would they need to invest annually to reach their retirement goal? Complete for all three Options.

D. If the Johnson insisted on investing $1,000 annually, how many years would it take them to reach their retirement goal of $750,000?

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They plan on investing $1,000 per year until they retire in 30 years. Option 1: Vanguard Large Cap Equity Fund that returns 16% compounded annually Option 2: T. Rowe Price Dividend Growth Fund that returns 10% compounded quarterly Option 3: Fidelity 500 Index Fund that returns 3% compounded monthly

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