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ASAP please :) Will give you good rating. Thank you :) :) Bless you :) After graduation, you plan to work for Dynamo Corporation for

ASAP please :) Will give you good rating. Thank you :) :) Bless you :) image text in transcribed
image text in transcribed
After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. You expect to save and deposit $9,000 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). The first deposit will be made a year from today. In addition, your grandfather just gave you a $32,000 graduation gift which you will deposit immediately (t = 0). If the account earns 9% compounded annually, 12 years from now you will A bank is offering you a loan of $10,000 for 10 years with monthly payments. The stated interest rate (APR) is 3.6%. After paying your loan for 5 years, you still owe the banks A bank is offering you a loan of $10,000 for 10 years. The stated interest rate (APR) is 8.9%. If this is an amortized loan with monthly payment, your payment is $ (Keep two decimal numbers.) Your client is 26 years old. She wants to begin saving for retirement at 65, with the first payment to come one year from now. She can save $9,000 per year, and you advise her to invest it in the stock market, which you expect to provide an average return of 7.3% in the future. She expects to live for 20 years after she retires at 65. It her investments continue to earn the same rate, how much will she be able to withdraw at the end of each year after retirement? $ Bob has $2,500 invested in a bank that pays 5.5% annually. How long will it take for his funds to double? Answer: years

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