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Your dad has $1,000,000 and wants to retire. He expects to live for another 20 years and to earn 5% on his invested funds. How

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Your dad has $1,000,000 and wants to retire. He expects to live for another 20 years and to earn 5% on his invested funds. How much could he withdraw at the end of each of the next 20 years and end up with zero in the account? $80.242.59 $69,316.56 $72,782.39 $50,000.00 $76,421.51 You desire to have $1,000,000 in your account when you retire at the end of 50 years. You expect an annual rate of return of 12%. How much should you save end of each month for 50 years. $25.60 $71.60 $31.00 $34.72 $57.72 $25.35 Winding Company has purchased a piece of equipment costing $100,000 This equipment will generate a positive net cash flow of $15,000 end of each year for 8 years. Determine the rate of return Winding expects to earn from this equipment 4 24% 7.70% 10.00% D 5.90% 8.35%

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