Question: Answer all 10 questions. Question 1 (15 points) Solve each of the following. Use the equation/calculator method. Show all work. A. You want to accumulate
Answer all 10 questions. Question 1 (15 points) Solve each of the following. Use the equation/calculator method. Show all work. A. You want to accumulate $3.8 million at the end of 35 years. If interest rate 9.25% per year, annual compounding, calculate how much money you must invest equally per year to achieve your goals. B. Suppose you receive $50,000 per year for 20 years. Cash flow at beginning of each year. Interest (discount) rate 3.9% per year. Calculate the "present value." | C. Initial investment is $30,000. Annual interest rate 3.25%. Maturity 25 years. Compound continuously. Calculate the future value
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