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(Solved): From the Time Value of Money tab, please answer the following questions. a. If you deposit $2200 ...



From the Time Value of Money tab, please answer the following questions. a. If you deposit $2200 in an account that pays 2.75% interest annually, how much will you have after 10 years? Blank 1 b. What is the present value of a security that will pay $30,000 in 15 years if securities of equal risk pay 5.25% annually? Blank 2 c. You have $89,000 in a brokerage account, and you plan to deposit an additional $22,000 at the end of each future year until your account reaches $750,000. You expect to earn 13% annually on the account. How long will it take to reach your goal? Blank 3 d. You just received an inheritance worth $150,000. You want to retire in 25 years and you plan to contribute an additional $15,000 at the end of each year. If you need $1,500,000 in order to retire, what interest rate must you earn in order to reach your goal? Blank 4



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