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Question 5 2 pts Cecelia Thomas is a sales executive at a Baltimore firm. She is 25 years old and plans to invest 3,078 every
Question 5 2 pts Cecelia Thomas is a sales executive at a Baltimore firm. She is 25 years old and plans to invest 3,078 every year in an IRA account, beginning at the end of this year for the next 38 years. If the IRA investment will earn 5 percent annually, how much will she have? Round answer to 2 decimals. Question 6 2 pts An investment opportunity requires a payment of 718 for 12 years, starting a year from today. If your required rate of return is 9 percent, what is the value of the investment to you today? Round your answer to 2 decimal places
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