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Here was the question it was building off, qyestion 4 Question 5 2 pts Continuing the previous question, if you want your money to last

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Here was the question it was building off, qyestion 4 image text in transcribed
Question 5 2 pts Continuing the previous question, if you want your money to last forever, how much do you need to have saved by the time you retire lone year before the first withdrawal)? (round to the nearest dollar) Question 6 3 pts You just borrowed $30,000 to buy a new car. The car loan is a self-amortizing loan lust like a mortgage) with a term of 5 years, monthly payments, and the interest rate is 7.5%, stated as an APR with monthly compounding The monthly payment on your loan is: $.(round to the nearest dollar) Question 3 3 pts You're considering buying an asset that will produce a single cash flow of $9.261 three years from now with no risk. if the price of the asset today is $7.500 the IRR of your investment in the asset is: % fround to two decimal places) D Question 4 3 pts In your retirement, you want to be able to withdraw $100.000 at the end of each year to cover your living expenses. If you expect to earn 3% per year on your investments and you want your money to last for 25 years, how much do you have to have saved by the time you retire (one year before the first withdrawal)? (round to the nearest dollar

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