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Show me the steps to solve a . If you deposit $ 1 8 0 0 in an account that pays 3 . 7 5
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a If you deposit $ in an account that pays interest annually, how much will you have after years? Blank
b What is the present value of a security that will pay $ in years if securities of equal risk pay annually? Blank
c You have $ in a brokerage account, and you plan to deposit an additional $ at the end of each future year until your account reaches $ You expect to earn annually on the account. How long will it take to reach your goal? Blank
d You just received an inheritance worth $ You want to retire in years and you don't plan to make any additional contributions. If you need $ in order to retire, what interest rate must you earn in order to reach your goal? Blank
e An investment will pay $ at the end of each of the next years, $ at the end of Year $ at the end of Year $ at the end of Year and $ at the end of Year If other investments of equal risk earn annually, what is the present value of the cash flow stream? Blank
f Using the same information from part e what is the future value of the cash flow stream? Blank
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