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3. Find PV : You can deposit money into a money market account that earns 3.5% interest per year. How much do you need to

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3. Find PV : You can deposit money into a money market account that earns 3.5% interest per year. How much do you need to deposit into the account today in order to have the account balance be: $2,000 in one year? $4,000 in one year? $4,000 in two years? 4. When you retire, you plan to draw $50,000 per year from your retirement accounts, which will be earning 6% per year. Find PV Annuity: If you wish to do that for 10 years starting one year after you retire, what does the balance in your retirement account have to be when you retire? Find PV Annuity: If the account will be earning 3% per year, and you wish to do that for 20 years starting on the day you retire, what does the balance in your retirement account have to be when you retire

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