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You project that you will be able to invest $1500 this year, $2000 one year from now, and $2500 two years from today. You hope

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You project that you will be able to invest $1500 this year, $2000 one year from now, and $2500 two years from today. You hope to use the accumulated funds six years from now to use as a $10,000 down payment on a house. Will you achieve your objectives, if the investments earn 8% compounded semiannually? A detailed timeline is required for this question.a) How much will you have in 6 years?b) Did you meet your goal? yes or no

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QUESTION 2 You project that you will be able to invest $1500 this year, $2000 one year from now, and $2500 two years from today. You hope to use the accumulated funds six years from now to use as a $10,000 down payment on a house. Will you achieve your objectives, if the investments earn 8% compounded semiannually? A detailed timeline is required for this question. a) How much will you have in 6 years? b) Did you meet your goal? yes or no a) $ b)

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