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2-33. In planning for your retirement, you've concluded that you need $30,000/year to live off of. You've established an investment portfolio that you're certain will

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2-33. In planning for your retirement, you've concluded that you need $30,000/year to live off of. You've established an investment portfolio that you're certain will return 5% long term. Determine the amount of money you need to retire. 2-34. Two investments are made at the same time. Investment A has a one-time deposit of $1000 invested at an annual percentage rate of 5%, compounded yearly for 10 years. Investment B deposits $100 into the account at the beginning of each year, and it grows at 5% compounded yearly. Let V be the value of Investment A after 10 years, and VB be the value of Investment B after 10 years. Which statement is correct

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