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give Q6 Q7 Q8 Q9 Q10 answer Use the following in for questions 6-7. Your daughter will go to a four-year to a four-year college

image text in transcribedgive Q6 Q7 Q8 Q9 Q10 answer
Use the following in for questions 6-7. Your daughter will go to a four-year to a four-year college 10 years from now. You want to make sure you have four years worth of education cost. The current annual cost of education is exist25,000 subject to a 5% annual rate of inflation. The investment opportunity is 10% each year paid monthly. How much do you need 10 years from now? How much should you deposit each month to achieve this financial planning goal? goal? In one sentence, explain how do you choose projects based on IRR:_____ In one sentence, explain how do you choose projects based on NPV:_____ How long would it take exist1,000,000 triple (3 times more) if the compounding rate is 10%

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