Question: CHAPTER Two time value 1) Lila has deposited $33,000 today in an account which will earn 10 percent annually. She plans to leave the funds

CHAPTER Two time value 1) Lila has deposited $33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of $65,000, what recommendation would you make to Lila? hp 2) If you expect to retire in 30 years, are currently comfortable living on $50,000 per year and expect inflation to average 3% over the next 30 years, what amount of annual income will you need to live at the same comfort level in 30 years
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