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Problem I (15 points): Assume that you have completed your degree, and that you will get a job on the next January 1. To help
Problem I (15 points): Assume that you have completed your degree, and that you will get a job on the next January 1. To help fund your retirement, you plan on investing $2,000 semi-annually (starting 6 months from January 1) in each of the next 25 years at 6%. How much will your account be worth after 25 years? How much would you have in 25 years if the rate was 5% but you made the investment annually starting the day you start the job and continuing on the anniversary of your employment? In each case you have invested $100,000) Please show how you arrived at your answers
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