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You just found out that you had a very eccentric unde who lived quietly in the Bronx, He left you $55,000. You just saw the

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You just found out that you had a very eccentric unde who lived quietly in the Bronx, He left you $55,000. You just saw the movie The Bucket List and have decided that you want to put some money away so that in 12 years, you can start fulfiling items on that ist. With whatever money you have left, youil pay off some bills. You have found an investment instrument that will pay 7% interest annually, Use the scenarios aiong with the following factor table data to answer each of the questions. Note that the camplete Future Value and future Valie Annuity tables (as well as the Present Value and Present Value Annuity tabies) are focated in the appendix in your text. In order to have $63,250 in 12 years, you would need to invest today. (Note: Round your final answer to two decimal places, bot do not round intermediate calculations.) In order to have $63,250 in 12 years, you would need to invest today. (Note: Round your final answer to two decimal places, but do not round intermediate calculations.) Present value of an annulty Now the 12 years haye passed, and you are ready to pull some money out of your fund. You talked to your investment advisor who says you can take this money and move it into a fund that will eam 8% interest afoually. And you envision tackling most of your bucket list items aver the next is years. The annual amount you wil have to spend for your bucket list activites is (Note: Round your final antwer to two decimal pisces. but to not round intermediate calculations.)

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