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Your Uncle has just retired and has investments of $375,000. He expects to live for another 25 years and also expects to earn 7% annually

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Your Uncle has just retired and has investments of $375,000. He expects to live for another 25 years and also expects to earn 7% annually on his invested funds How much can he withdraw each year and not run out of funds until the 25th year (i.e in year 25 his balance will be zero) if he makes the first withdrawal starting today? S What is the present value of a preferred share that will pay $4.7 in dividends per year forever if the current rate of return is 2.1%7 S 223.81 You just bought a condo and have a $400,000 30-year mortgage, interest rate of 5% annually. Annual payments of $26,021 are due at the end of each year. How much is the mortgage balance after you make the first payment? $ 393979 Next page ous page Shoc 0 Assessment Rubr....docx TA material Proces...pdf

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