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Angela wants to take the next six years off work to travel around the world. She estimates her annual cash needs at $35,000 (if she
Angela wants to take the next six years off work to travel around the world. She estimates her annual cash needs at $35,000 (if she needs more, she will work odd jobs). Angela believes she can invest her davings at 10% until she depletes her funds. (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) Read the requirements. (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Requirement 1. How much money does Angela need now to fund her travels? (Round your answer to the nearest whole dollar.) With the 10% interest rate, Angela needs Angela wapts to take the next six years off work to travel around the world. She ostimates her annual cash needs ot $35,000 (if sho needs micee, she will work odd iobs) Angola believes she can invest her savings at 10% unti she dopletes her funds. (Clek the icon to vew Present Value of 51 table.) (Click the icon to view Present Value of Ordinary Annuly of $1 tabies) (Click the icon ta view Future Value of 51 table.) (Cick the icon to yiew Fibure Value of Ordinary Annuity of 51 table.) Read the tequirements: Requirement 1. How moch money does Angela need now to fund her travels? (Round your answere to the nearest whole doliar) Wth the 10% indetest fate, Angela needs
Angela wants to take the next six years off work to travel around the world. She estimates her annual cash needs at $35,000 (if she needs more, she will work odd jobs). Angela believes she can invest her davings at 10% until she depletes her funds. (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) Read the requirements. (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Requirement 1. How much money does Angela need now to fund her travels? (Round your answer to the nearest whole dollar.) With the 10% interest rate, Angela needs
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