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Retdrement Worksheet 2 table [ [ A ) CD: Annual Savings and Annual Compounding, 3 , 6 0 0 ] , [ Anaual Savings,
Retdrement Worksheet
tableA CD: Annual Savings and Annual Compounding,Anaual Savings,Years until Retirement,Periods
Monthly vs Yearly Savings
You are able to save $ a month per year You can invest in a CD account with annual return or an equity fund with an expected annual return of
Assume that the expected annual retum of the equity fund materializes, what will be your savings in years for both investment opportunities?
a If you make annual savings of $ to the assume annual compounding
b If you make annual savings of $ to the equity fund. assume annual compounding
c If you make monthly savings of $ to the assume annual compounding
d If you make monthly savings of $ to the equity. assume annual compounding
e If you make monthly savings of $ to the assume monthly compounding
f If you make monthly savings of $ to the equity. assume monthly compounding
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