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the next 15 years. Assume you will earn the historic stock market averane of 12% per year. (Click the icon to view the future value

image text in transcribedimage text in transcribed the next 15 years. Assume you will earn the historic stock market averane of 12% per year. (Click the icon to view the future value annuity factor table.) (Click the icon to view the future value factor table.) (Click the icon to view the present value annuity factor table_ (Click the icon to view the present value factor table.) Requirements Read the requirements. 1. How much out-of-pocket cash will you invest under the two options? 2. How much savings will you have accumulated at age 52 under the two options? Requirement 1. How much out-of-pocket cash will you invest under the two options? 3. Explain the results. Calculate how much out-of-pocket cash you will invest under the two options. 4. If you let the savings continue to grow for ten more years (with no further out-of-pocket investments), under each scenario, what will the investment be worth when you are age 62 ? Option 1: Reference Reference (Click the icon to view the present value annuity factor table (Click the icon to view the present value factor table.) Requirements Read the 1. How much out-of-pocket cash will you invest under the two options? 2. How much savings will you have accumulated at age 52 under the two options? Requirement 1. How much out-of-pocket cash will you invest under the two options? 3. Explain the results. Calculate how much out-of-pocket cash you will invest under the two options. 4. If you let the savings continue to grow for ten more years (with no further out-of-pocket investments), under each scenario, what will the investment be worth when you are age 62 ? Option 1: Reference Reference

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