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help To save for her newborn son's college education, Lea Wilson will invest $16,000 at the beginning of each year for the next 12 years.

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To save for her newborn son's college education, Lea Wilson will invest $16,000 at the beginning of each year for the next 12 years. The interest rate is 12 percent. What is the future value? Multiple Choice 562,336 $404,955 $448.464 $432.466 DE J. wants to buy a Dell computer which will cost $3,200 five years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 7% annual return. How much should he set aside? Multiple Choice $53142 $556.42 560542 5656.42 You will deposit $5,000 today. It will grow for 8 years at 8% interest compounded semiannually. You will then withdraw the funds annually over the next 6 years. The annual interest rate is 6%. Your annual withdrawal will be: Multiple Choice $3,560 $5152 $1,343 $1.905

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