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QUESTION 1 You have been told that you need $25,600 today in order to have $100,000 when you retire 35 years from now. What rate
QUESTION 1 You have been told that you need $25,600 today in order to have $100,000 when you retire 35 years from now. What rate of interest was used in the present value computation? Assume interest is compounded annually. O A. 3.97 percent o B.4.15 percent 0 C.4.29 percent O D.4.53 percent QUESTION 2
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