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Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.1% with annual compounding? Suppose you inherited

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Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.1% with annual compounding? Suppose you inherited $575,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years? Sam was injured in an accident, and the insurance company has offered him the choice of $45,000 per year for 15 years, with the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave him as well off financially as with the annuity

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