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You are planning your retirement in 10 years. You currently have $179,000 in a bond account. You plan to add $6,100 per year at the
You are planning your retirement in 10 years. You currently have $179,000 in a bond account. You plan to add $6,100 per year at the end of each of the next 10 years to your bond account The bond account will earn a return of 7.75 percent in each of the next 10 years. How much will you have when you retire? Do not round intermediate calculations and round your final answers to 2 decimal places. Enter values as 32 16, no dollar sign, no comma separator Numeric Response You are planning your retirement in 10 years. You currently have $619,000 in a stock account. The stock account will earn a return of 11.25 percent in each of the next 10 years. How much will you have when you retire? Do not round intermediate calculations and round your final answer to 2 decimal places Enter values as 3216, no dollar sign, no comma separator Numeric Response hree-year loan of $87,000 to be paid off. You will pay equal amount on an annual basis. Compute the values in the amortization table. The annual interest rate is 10 percent. sume you pay off the loan in three years, the total interest paid over the life of the loan is. (Do not round intermediate calculations and round your answers to 2 decimal ces, enter values as 32.16, no dollar sign, or comma separator) Numeric Response
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