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QUESTION 11 6.67 You want to retire in 40 years, and you want to have an annuity of $65,000 a year for 30 years after
QUESTION 11 6.67 You want to retire in 40 years, and you want to have an annuity of $65,000 a year for 30 years after retirement. You want to receive the annuity payments at the end-of-year basis during your retirement period. Using an interest rate of 7.5% for the savings period and 3.75% for the retirement period, how much you must save during your 40 working years, in equal amount at the end-of-year basis, in order to have this retirement annuity? O $5,260.50 O $5,986.49 O $5,791.71 O $5,429.22 O $5,099.53 QUESTION 12 A company's projected capital budget is $750,000, its target capital structure is 40% debt and 600 out and its farannetad not income is 0660.nnn If the company followe Save A Click Save and Submit to save and submit. Click Save All Answers to save all answers
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