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You have $10,000 that you want to invest for the next five years, at which point you need to use it to buy a car

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You have $10,000 that you want to invest for the next five years, at which point you need to use it to buy a car worth $15,000. What annual interest rate do you need to earn in order to reach that goal? O 8.10% O 8.45% O 8.62% 9.13% You have retired, and now see that you currently have $708,215 in your retirement annuity that pays out 80.000 per year and earns 6% interest. How many years do you have until you run out of money? O 13 O 8 016 O 11

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