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Walter would like to have a retirement income of $2,500 per month (month-end payments). How much must he have in his retirement fund on the day that he retires if he plans to live for 24 years? Assume that the account will earn j2=4.00%. Your Answer: Remember to write neatly and to number you Question 5 (1 point) Calculate the fair market value (price) of an investment that pays $165 at the end of each quarter for 12 years. Use a discount rate of j12=6%. Your Answer: Answer Question 6 (1 point) Arnold leased a new computer. The lease contract called for payments of $68 per month for 2 years. Using a discount rate of j12=3.6%, compute the original price of the computer. Remember, lease payments are at the beginning of each period. Your