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Required information Assume that 25 years ago your dad invested $280,000, plus $32,000 in years 2 through 5, and $41,000 per year from year 6
Required information Assume that 25 years ago your dad invested $280,000, plus $32,000 in years 2 through 5, and $41,000 per year from year 6 on At a very good interest rate of 11% per year, determine the CC value. The CC value is determined to be $ Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $41,000 annuity stopped at year 25. The interest rate being 11% per year. The annual retirement amount is determined to be $ At a very good interest rate of 11% per year, determine the CC value. The CC value is determined to be $ Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $41,000 annuity stopped at year 25. The interest rate being 11% per year. The annual retirement amount is determined to be $
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