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Becky saves for retirement by depositing $2500 at the end of each year for 16 years, followed by $6500 a year for the next 16
Becky saves for retirement by depositing $2500 at the end of each year for 16 years, followed by $6500 a year for the next 16 years into a fund. Which of the following would give the correct accumulated value immediately after the last deposit? (assume that the annual interest rate is i) 2500832)i + 4000s S 16 i 9000816_1 + 4000816i 2500832\i + 6500s S16\i 2500916\i + 6500s S16i None of these options 9000832|i + 6500s 16i You have an investment opportunity that requires an initial investment of $10,000 today and guaranties the same cash flow at the end of every six months for three years. If the investment earns interest at the rate of 10% compounded semiannually, then each cash flow is $1,970.17 $1,911.92 None of these options O $1,383.43 $1,643.15 $1,725.45
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