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a,b,c,d,e.... all part if number 5 5. Investment problems: a. For her retirement, Sarah Jane plans to invest $ 14,000 each year for 26 years.

a,b,c,d,e.... all part if number 5 image text in transcribed
image text in transcribed
5. Investment problems: a. For her retirement, Sarah Jane plans to invest $ 14,000 each year for 26 years. Calculate how much she will have when she retires if she earns 10% per year. b. From Question "a", calculate how much she will have when she retires if she invests $14,000 each year but makes quarterly payments. c. From Question "a", calculate how much she will have when she retires if she invests $14,000 each year but makes bi-weekly payments (use 26 periods in a year). d. Clara wants to have $2,000,000 in 24 years and expects to earn an interest rate of 12%. Calculate the amount of her yearly investments. From Question "d", calculate the amount of her yearly investments if she started investing funds immediately

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