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you would like to have enough money saved Question 3 (1 point) Saved You would like to have enough money saved after your retirement such

you would like to have enough money saved
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Question 3 (1 point) Saved You would like to have enough money saved after your retirement such that you and your heirs can receive $100,000 per year in perpetuity. How much would you need to have saved at the time of your retirement in order to achieve this goal? (Assume that the perpetuity payments start one year after the date of your retirement. The annual interest rate is 12.5%:) a) $1,000,000 b) $10,000,000 c) $800,000 d) $ 1,125,000 ND 1212 NL16-11-2021 J 10C A6 Question 15 (1 point) You are considering investing in a retirement fund that requires you to deposit $5,000 per year, and you want to know how much the fund will be worth when you retire. What financial technique should you use to calculate this value? a) Future value of an annuity b) Present value of an annuity c) Present value of a perpetuity d) Future value of a single payment

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