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Problem 1 uitraGood investment Inc. wishes to accumulate funds to afford the retirement plan of the Vice Fresident of Markoting,Carla. By contract, Carla will reire

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Problem 1 uitraGood investment Inc. wishes to accumulate funds to afford the retirement plan of the Vice Fresident of Markoting,Carla. By contract, Carla will reire exactly 10 years from now At the end of the first year after her retirement, she over the next 20 years. retirement Moreover, she will receive 4 annual payments for the tulition fees of her child at the beginning of each year following her retrement (frst payment in exactly 10 years from now): Thefrs payment is $30,000 is entied to receive a yearly payment of $2,000 Additionally, she will obtain a fixed amount of $100.000 one month after her During the 10-year "accumulation period, UltraGood wishes to fund the retirement plan by making equal monthly deposits at the end of each month. Once the 20-year "distribution period" begins, UltraGood plans to move the accumulated money into another account. The annual interest rates of the accumulation and the distribution periods corespond respectively to 4% and 3% APR 1) What would be the PV at year 10 of the yearly payments of $2,000

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