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Scenario 1. suppose you invest a sum of s3,500 in an interest-bearing account at the rate of 12% per year. What wil the investment be
Scenario 1. suppose you invest a sum of s3,500 in an interest-bearing account at the rate of 12% per year. What wil the investment be worth six years from now? (Round your answer to th In six years the investment will be worth S scenario 2. How much would you need to invest now to be able to wthdraw s13,000 at the end ofevery year for the next 20 years?Assume a 10% interest rate. (Round your answer to the The current investment amount required is S Assume that you want to have s170.000 saved seven years from now lf you can invest your funds at a 6% interest rate, how much do you currently need to invest? (Round you whole dollar) The current investment amount required is s Scenario 4. Your aunt Margaret plans to give you 500 at the end of every year for the next ten years. you invest each of her yearly gifts at a 14% interest rate, how much will they be wo Enter any number in the edit fields and thon continue to tho noxt quostion. O Type here to search DOLL
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