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Question 3 1 pts You plan to retire in 32 years. You are debating whether to deposit $69,986 into an account earning 14 percent annually
Question 3 1 pts You plan to retire in 32 years. You are debating whether to deposit $69,986 into an account earning 14 percent annually today or waiting 13 years before making the deposit. How much more will be in the account when you retire in 32 years if you make the deposit today as opposed to waiting 13 years to make the first deposit? Round to the nearest whole number. Question 4 1 pts You currently have $12,590. You plan on investing it at 17 percent per year until you have $46,581. How long will you wait until you achieve this goal? Enter the answer with 2 decimals (e.g. 1.23). Question 5 1 pts An investment offers $12,357 per year for 17 years, with the first payment occurring 1 year from now. If the required return is 12 percent, what is the value of the investment? Enter with two decimal places. Question 6 1 pts Investment X offers to pay you $4,754 per year for 10 years, whereas Investment Y offers to pay you $2,817 per year for 5 years. How much higher is the present value investment X if the discount rate is 11 percent? Round to nearest whole number
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