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Seema needs $500 000 at the beginning of her retirement Seema expects to retire in 25 years and she will earn an average rate of
Seema needs $500 000 at the beginning of her retirement Seema expects to retire in 25 years and she will earn an average rate of return of 5 8% compounded monthly on her investments. How much must Seema deposit at the end of each month in order to reach her retirement goal? O A. $721.51 OB. $687 32 O C. $743.99 OD. $680.16 0 You are retiring and the balance of your RRSP is $223 126. What amount of monthly income, paid at the end of each month, could this provide you for 20 years if you can get a 3.5% return compounded monthly? OA. $1.230.90 OB. $1,326.81 OC. $1,348 37 OD. $1294.04 Rose is considering investing $5.500 dollars at the end of each year for the next 40 years. Assuming she anticipates receiving a rate of return of 6.2% compounded annually, what will be the value of her investment? (Round to the nearest dollar) A. 5813,811 OB. 5895,192 O C. 5878. 160 OD. 5886,339
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