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How much money does Yvette need to have in her retirement savings account today if she wishes to withdraw $36,000 a year for 30 years?
How much money does Yvette need to have in her retirement savings account today if she wishes to withdraw $36,000 a year for 30 years? She expects to earn an average rate of return of 8.25 percent. (Enter your answer in $ accurate to two decimal places.) QUESTION 5 You want to purchase a new condominium that costs $325,000. Your plan is to pay 20 percent down in cash and finance the balance over 15 years at 0.25 percent a month. What will be your monthly mortgage payment? (Enter your answer in $ accurate to two decimal places.) QUESTION 6 Industrial Tools owes you $38,600. This amount is seriously delinquent so you have offered to accept weekly payments for one yeat at an interest rate of 0.1 percent per week to settle this debt in full. What is the amount of each payment? (Enter your answer in $ accurate to two decimal places.)
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