Heading! Hradnja AA Normal te luult Calculating the Time Value of Money 1) After completing her residency, an oncologist plans to invest $30,000 per year and the end of each year into a high risk retirement account. She expects to earn 7% for the next 35 years. What will her retirement account be worth at the end of those 35 years? 2) If a nurse deposits $24,000 today in a mutual fund that is expected to grow at an annual rate of 8%, what will be the value of this investment: a) Three years from now b) Six years from now c) Nine years from now d) Twelve years from now 3) If Northern Shores Hospital received $15,000 per year at the end of each year for the next 6 years, from a private donor, what would be the current value of these collection payments? a) At a 3% rate of return b) At a 6% rate of return E 200 m + Inst Section Page Layout References Feste Ver Tools QC - A AQI EEAA BABbceDd AaBb AaBb C AaBbc Nomtal Heading Heading 2 Heading A este Test Tool Too Find Rop 4) If a pharmacist deposits $60,000 in a corporate bond fund at the end of each year for 20 years, what will be the value of this investment a) At a compound rate of 7% b) At a compound rate of 3%