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Benny Planning to invest in an insurance company product me product will pay $10.000 at the end of miss oar Thereafter. the payments will grow

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Benny Planning to invest in an insurance company product me product will pay $10.000 at the end of miss oar Thereafter. the payments will grow annually at a 3 percent rate forever Jack will be able to invest his cash lows at a rule of 6 5 percent What is the present value of this investment cash flow stream? $326, 908 $312, 766 $285, 714 $258, 133 Ross and Rachel have been married for 6 years He is Planning on taking her to Pans for their 10th anniversary trip He needs to save $10,000 for the trip He currently has $2,000 saved if he can earn 7V how much money does he have to save per year? $2,000 $978 37 $1, 662 2.252

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