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3. Lucy Brown wants to give her daughter $35,000 to start her own business in 10 years. How much should she invest today at an
3. Lucy Brown wants to give her daughter $35,000 to start her own business in 10 years. How much should she invest today at an annual interest rate of 9% to have $35,000 in 10 years? N I/Y PV PMT FV 4. Marque invested a sum of money at 9% interest, compounded monthly. He let the sum accumulate interest for 15 years and now has $19,190.22. What was Marque's initial amount that he invested? N I/Y PV PMT FV 5. Jamie wants to have $1,000,000 for her retirement in 25 years. How much should she save annually if she thinks she can earn 10% on her investments? N IY PV PMT
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