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Question 8 1 1 Find FV for Annuity. Mr. Jones plans to deposit $3000 each year in an IRA expected earn an average annual return
Question 8 1 1 Find FV for Annuity. Mr. Jones plans to deposit $3000 each year in an IRA expected earn an average annual return of 9.8% percent. How much will the savings total in 25 years, when he plans to retire? $222.229 $219,229 $274,868 $286,300 $203,934 Question 9 1 pts Find N for Annuity. A colleague wants to save aggressively for early retirement by depositing $20,000 today into low-cost Index Funds at Vanguard and continue $20,000 deposits at the beginning of every year until reaching $1 million. Your colleague asked you to determine how many years it will take at an annual return of 6 percent. 12 years 23.8 years 15 years 23 years 16 years
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