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per year. t Dever is evaluating the following two investment alternatives: (1) Deposit $5,000 today in a money market fund at your bank that earns

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per year. t Dever is evaluating the following two investment alternatives: (1) Deposit $5,000 today in a money market fund at your bank that earns an average of 3 percent (2) Deposit $5,000 into a mutual fund that earns an average of 14 percent per year. At the end of 30 years, how much more money would she have if she had invested in the mutual fund? (Don't forget the answer to this question as you go through life) $269,044 - $229,732 - $318,923 - $304,152 - $242,615 STION 20 want to make 5 equal deposits into an account paying 6.5 percent so that your child can take out $14,000 per year for co 1, 2, 3, 4, and t=5. Your child will make withdrawals of $14,000 at t=7,t=8, t=9, and t=10. Assume no inflation meed to deposit each of the next 5 years? 7 8 9 10 5

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