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Shaun Barringer has started on his first job. He plans to start saving for retirement. He will invest $5.000 at the end of each year
Shaun Barringer has started on his first job. He plans to start saving for retirement. He will invest $5.000 at the end of each year for the next 45 years in a fund that will earn an annual return of 10 percent. How much will Shaun have at the end of 45 years? (Round to the nearest dollar) 55.233.442 53594524 51.745,600 52.667,904 5 pts D Question 8 Your friend recommends that you invest in a three year bond issued by Trimer, Inc. that will pay annual coupons of 10 percent. Similar investments today will yield 6 percent. How much should you pay for the bond! Do not round Intermediate computations. Round your final answer to the nearest dollar O $1024 5979
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