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Enter Answers gel ow 2 points Each Question (10 Points Total) You invest Sl .294 at the beginning 01 every year and friend invests
Enter Answers gel ow 2 points Each Question (10 Points Total) You invest Sl .294 at the beginning 01 every year and friend invests Sl .294 at the Of year. both an annual rate Of Of IS a) how Will you have in account after g b) HOW much Will have in his account? 02) You have Sl. 267 in a retirement Savings account that an Of CC9n_ You Want to in 4g years With much more do you to at the end Of every to roach gee l? 03) You Owe S2.lgC to CteCit that Charges an annual interest rate Of 20 You make $1 lg Of Charges every and a Of every "Onth_ What Wil your be in three 04) You would like to retire in 27 years. The rate 01 inflation ig 03 year. Y Ou currently have a Standard Of living that requires sg.4u Of monthly Assuming you Want to maintain the same Of livirvg in retirement. What are monthly to be the year Of 05) You a for Y Ou made a down Of S20.COC and the remainder Of the Wag financed With a mortgage T he mortgage loan iS a 30 mortgage with an annual interest rate Of 06 Mortgage gaymentg made monthly. What is the amount Of mortgage
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