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QUESTION 13 Kris is considering an investment that will pay $5,000 a year for 10 years, starting one year from today. How much should she

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QUESTION 13 Kris is considering an investment that will pay $5,000 a year for 10 years, starting one year from today. How much should she pay for this investment if she wishes to earn a 12 percent rate of return? (enter your answer as a number with two decimals i.e. 41.25) QUESTION 14 You want to buy a new car 3 years from now, and you plan to save $5,000 per year, beginning one year from today. You will deposit your savings in an account that pays 3% interest. How much will you have just after you make the 3rd deposit, 3 years from now? ET QUESTION 15 Kyle wants to have $20,000 in an investment account 4 years from now. The account will pay 0.2 percent interest per month. If he saves money every month, starting one month from now, how much will he have to save each month to reach his goal? (enter your answer as a number with two decimals i.e. 41.25) E

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