$4,215(1.11421.0342)/(0.110.03)=$4,037,278.36 Which of the following statements may explain this formula? You invest $4,215 this year, and increase this investment by 3% per-year, so you end up with just over $4m in your account in forty-two years given your securities yield 11% annually. You invest $4,215 per-year into an account, which yields 11% annually; this is above the risk free rate (i.e. 3%). In forty-two years you will have just over $4m in this account. Just over $4m is needed today to fund monthly inflation-adjusted payments (Payment 1: $4,215 ) that will last forty-two years given an 11\% yield and given inflation is expected to run at 3% annually. You put $4,215 into an account this year and each year for 42 years this contribution will be increased by 8%. This will create just over $4m in wealth in forty-two years. $4,215(1.11421.0342)/(0.110.03)=$4,037,278.36 Which of the following statements may explain this formula? You invest $4,215 this year, and increase this investment by 3% per-year, so you end up with just over $4m in your account in forty-two years given your securities yield 11% annually. You invest $4,215 per-year into an account, which yields 11% annually; this is above the risk free rate (i.e. 3%). In forty-two years you will have just over $4m in this account. Just over $4m is needed today to fund monthly inflation-adjusted payments (Payment 1: $4,215 ) that will last forty-two years given an 11\% yield and given inflation is expected to run at 3% annually. You put $4,215 into an account this year and each year for 42 years this contribution will be increased by 8%. This will create just over $4m in wealth in forty-two years