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you are offered the opportunity to put some money away for retirement. You will received 1 0 annual payments of $ 5 0 0 0
you are offered the opportunity to put some money away for retirement. You will received annual payments of $ each beginning in years. If you desire an annual interest rate of compounded monthly, answer the following two questions:
a How much would you be willing to invest today
b How much would the money that you will be willing to invest today be worth at the end of your last payment iein year
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