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Need help with c-1 Thanks c-1. You want to retire after working 40 years with savings in excess of $1,000,000. You expect to save $4,000

image text in transcribedNeed help with c-1 Thanks

c-1. You want to retire after working 40 years with savings in excess of $1,000,000. You expect to save $4,000 a year for 40 years earn an annual rate of interest of 8%. c-2. Will you be able to retire with more than $1,000,000 in 40 years? d-1. A sweepstakes agency names you a grand prize winner. You can take $225,000 immediately or elect to receive annual installments of $30,000 for 20 years. You can earn 10% annually on any investments you make. d-2. Which prize do you choose to receive? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. You want to retire after working 40 years with savings in excess of $1,000,000. You expect to save $4,000 a year for 40 years and earn an annual rate of interest of 8%

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