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You hope to retire after 35 years and you need $750,000 in the bank to live the life you want after retirement. You can earn
- You hope to retire after 35 years and you need $750,000 in the bank to live the life you want after retirement. You can earn 8% per year on your investments. How much must you save every year to reach your goal? Use excel to calculate the answers
- You have been offered an investment opportunity that will pay you $6,000 per year for 6 years. What is the value of this stream of cash flows at the end of year 6, if you receive payments at the END of each year and you require a return of 7%? What if you receive payments at the BEGINNING of each year? Use excel to calculate the answers
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