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Good Luck! 1 pts Question 7 You have been offered an investment that pays you $6,110 in Year 1, $6,918 in Year 2 and $2.414
Good Luck! 1 pts Question 7 You have been offered an investment that pays you $6,110 in Year 1, $6,918 in Year 2 and $2.414 in Year 3. Your required rate of return is 14% per year. What is the maximum amount that you are willing to pay for this investment today? Question 6 1.5 pts A retirement unit now costs $363,816. Inflation is expected to cause this price to increase at 3% per year over 21 years. 21 is the number of years to retirement. How large an equal annual end of year deposit must be made each year into an account paying an annual interest rate of 8% in order for a retiree to have the cash to purchase a unit at retirement? D Question 4 0.5 pts Tammy Smith wishes to accumulate $59.010 by the end of 10 years by making equal annual end of year deposits over the next 10 years. If Tammy can earn 6% per year on her investment, how much must she deposit at the end of each year to meet this goal?
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