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You're trying to save to buy a new $202.000 Ferrari. You have $52,000 today that can be invested at your bank. The bank pays 6

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You're trying to save to buy a new $202.000 Ferrari. You have $52,000 today that can be invested at your bank. The bank pays 6 percent annual interest on its accounts. How long will it be before you have enough to buy the car? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Number of years MacBook Air In 1895, the first Putting Green Championship was held. The winner's prize money was $190. In 2016, the winner's check was $1,490,000. a. What was the percentage increase per year in the winner's check over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the winner's prize increases at the same rate, what will it be in 2044? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Increase per year b. Winners prize in 2044 Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. You presently have $75,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Annual rate of interest 01:39:52 Book MacBook Air You have just made your first 55,300 contration to your retirement account Assume you eema return of 1 percent per year and make no add to contributions a What will your account be worth when you retire in 42 years do not found Intermediate calculations and round your answer to 2 decimal places . 2256 b. What you want 10 years before contributing Do not found intermediate calculations and round your answer to 2 decimal places, s. 32.56) Future ve ing 10 MacBook Air You are planning to save for retirement over the next 35 years. To do this, you will invest $900 per month in a stock account and $500 per month in a bond account. The return of the stock account is expected to be 11 percent, and the bond account will pay 7 percent. When you retire, you will combine your money into an account with a return of 8 percent How much can you withdraw each month from your account assuming a 30-year withdrawal periode. Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Withdrawal per month MacBook Air

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