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32 331|15| 135 36 37 38 39 40 41 42 43 44 45 | 4 47 48 490 50 51 52 53 54 QUESTION 42

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32 331|15| 135 36 37 38 39 40 41 42 43 44 45 | 4 47 48 490 50 51 52 53 54 QUESTION 42 The company has offered to invest a matching amount for your retirement plan in the amount of 2% annually of your gross income. You talked this option over with your spouse and decided to take this opportunity You make $52,400 annually. The interest rate for this investment is 6%. You have 17 years until you are able to retire. You would like to know what amount you could expect to have if your company puts in that amount based on your current salary. Are you calculating a future value or a present value? O future value O present value 1.25 points Save Answer QUESTION 43 The company has offered to invest a matching amount for your retirement plan in the amount of 2% annually of your gross income. You talked this option over with your spouse and decided to take this opportunity. You make $52.400 annually. The interest rate for this investment is 6%, You have 17 years until you are able to retire. You would like to know what amount you could expect to have if your company puts in that amount based on your current salary. Show all calculations. What is the amount that the company plans on Investing annually on your behalf? T TT Arial 3 (12pt) TEE. Pathip Words: 0 QUESTION 44 The company has offered to invest a matching amount for your retirement plan in the amount of 2% annually of your gross income. You talked this option over with your spouse and decided to take this opportunity. You make $52.400 annually. The interest rate for this investment is 69. You have 17 years until you are able to retire. You would like to know what amount you could expect to have if your company puts in that amount based on your current salary. Which EXCEL equation would give you the answer that you need? O FV,06,17,0,-(52400*102) OFV6.06.17.-(52400*.02).0) PV6.06.17.0.-(52400*.02) PV6.06.17.-(52400*.02).0) QUESTION 45 The company has offered to invest a matching amount for your retirement plan in the amount of 2% annually of your gross income. You talked this option over with your spouse and decided to take this opportunity You make 552,400 annually. The interest rate for this investment is 6%, You have 17 years until you are able to retire. You would like to know what amount you could expect to have it your company puts in that amount based on your current salary. Would the dollar amount calculated be lower or higher than $17.8167 lower higher 1.25 points Save

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