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Question 4: Ms. Nelson will receive $15,000 a year for the next 20 years from her retirement fund. If a 6 percent interest rate is

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Question 4: Ms. Nelson will receive $15,000 a year for the next 20 years from her retirement fund. If a 6 percent interest rate is applied, what is the current value of her retirement fund? Question 5: Assume you deposit $2,000 every six months at 8 percent compounded semi-annually. How much will you have at the end of 10 years? Question 6: If you need $50,000 for your son's education in 10 years, how much must you deposit at the beginning of each year in the bank earning 6 percent in order to have the college money ready

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