Question: A . To save for retirement you deposit $ 2 0 0 every month for 4 0 years into an account that pays 5 .
A To save for retirement you deposit $ every month for years into an account that pays interest. How much money will be in the account when you retire? pts
B The money from "Part A is transferred into an account that pays How much money can you withdraw monthly for years? pts
C How much total is deposited into the account in part Apts
D How much total would be withdrawn from the account in part assuming all withdrawals are made? pts
You are about to purchase a car for $ You have $ to put down and will need to finance the rest. The dealership has two options
A interest loan with monthly payments for years
$ cash back with an interest rate of and monthly payments for years
A Before doing any calculations, which do you think will be the better option? pts
B Perform the necessary calculations to determine which is the better option. You must show your work to justify your choice. pts
C What have you learned from this example? pts
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