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???? Very confused please explain. 11.) A corporation is considering the purchase of an interest in a real estate syndication at a price of $95,000.
???? Very confused please explain.
11.) A corporation is considering the purchase of an interest in a real estate syndication at a price of $95,000. In return, the syndication promises to pay $1,000 at the end of each month for the next 25 years. If purchased what is the expected annual internal rate of return, compounded monthly? 12.) Suppose you wish to retire 36 years from today. You determine that you will need $60,000 per year once you retire and that you will start withdrawing one year after the day you retire. You estimate that you will earn 5.5% per year (compounded annually) on your retirement funds and that you will need funds for up to 30 years after you retire. How do you need deposit each year in an account, starting one year from today to ensure you have enough funds for retirementStep by Step Solution
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