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Bob James is 40 years old and expects to retire in 15 years. Bob thinks that his pension would not be enough to maintain his

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Bob James is 40 years old and expects to retire in 15 years. Bob thinks that his pension would not be enough to maintain his actual lifestyle, because he spends $30,000 annually and his pension is expected to be $25,000. If Bob receives the pension during 30 years, How much he will deposit today in an account that pays 3% in order to maintain his lifestyle during this period? USE TIME VALUE TABLES WITH 3 DECIMAL PLACES DON'T MAKE INTERMEDIATE ROUNDING AND ROUND YOUR FINAL ANSWER WITH NO DECIMAL PLACES Respuesta: Siguiente pgina

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