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You are offered an investment that will pay you $9,073 every year for 9 years. If you require a 5% return on investments with
You are offered an investment that will pay you $9,073 every year for 9 years. If you require a 5% return on investments with the same levels of risk, how much are you willing to invest today? Answer and round to the nearest cent. You save $61 every month in an account that earns 0.6% per month. How much will you have in your account after 200 months? Answer and round to the nearest cent.
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