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f return, how much would you have in 25 years? Round the answer to the nearest cent. Use future or present value techniques to solve
f return, how much would you have in 25 years? Round the answer to the nearest cent. Use future or present value techniques to solve the following problems. a. If you inherited $10,000 today and invested all of it in a security that paid a 9 percent rate Round FV-factor to three decimal places. Calculate your answer based on the FV-factor. $ Calculate your answer based on the financial calculator. b. If the average new home costs $300,000 today, how much will it cost in 10 years if the price increases by 4 percent each year? Round the answer to the nearest cent. Round FV- factor to three decimal places. Calculate your answer based on the FV-factor. $ Calculate your answer based on the financial calculator. $ C. You forecast that in 15 years it will cost $241,000 to provide your child a 4-year college education. Will you have enough if you take $78,000 today and invest it for the next 15 years at 6 percent? Round the answer to the nearest cent. Round FV-factor and FVA-factors to three decimal places. -Select-D, you will have approximately -Select- than your estimate of $241,000. d. If you can earn 9 percent, how much will you have to save each year if you want to retire in 30 years with $2 million? Round the answer to the nearest cent. Round FVA-factor to three decimal places. Calculate your answer based on the FVA-factor. $ Calculate your answer based on the financial calculator. $
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