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Zana has a money market account that earns 1.2% interest. She wants to purchase a matched pair of French Bull Dogs for $3,600. How much
Zana has a money market account that earns 1.2% interest. She wants to purchase a matched pair of French Bull Dogs for $3,600. How much must she set aside (invest) monthly so that she can buy them in two years?
If you deposit $2,000 at the end of each of the next 18 years into an account paying 4.2% interest, how much money will you have in the account when you retire?
You invest in annuity paying $4,000 a year, to receive $250,000 in twenty years. What rate of return will you have earned?
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