Question: Finance topic. Answer in 4 decimals : 1 . Sara plans to have 1 , 0 0 0 , 0 0 0 at the end

Finance topic. Answer in 4 decimals :
1. Sara plans to have 1,000,000 at the end of 5 years by investing an unknown amount annually in a retirement account that earns 8.48% interest compounded annually. What amount does Sara need to invest each year to achieve the desired value of 1,000,000, assume she has $100,000 dollars in the account saved as of today?
2. Sara plans to have 100,000 at the end of 5 years by investing an unknown amount annually in a retirement account that earns 8.48% interest compounded annually. What amount does Sara need to invest each year to achieve the desired value of 100,000, assume she has $10,000 dollars in the account saved as of today?
3. Mario plans to have 1,000,000 at the end of 25 years by investing an unknown amount annually in a retirement account that earns 6.48% interest compounded annually. What amount does Mario need to invest each year to achieve the desired value of 1,000,000, assume he has zero dollars saved as of today?
4. If Amelia currently has 25,000 in her IRA and invests $25,000 each year for the next 15 years in a retirement account with an annual interest rate of 2.95% compounded annually, what would be the value of her investments after the 15-year period?
5. Mario plans to have 1,000,000 at the end of 45 years by investing an unknown amount annually in a retirement account that earns 8.48% interest compounded annually. What amount does John need to invest each year to achieve the desired value of 1,000,000, assume he has zero dollars saved as of today?

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