Question: ignment: Chapter 02 Using Financial Statements and Budgets In order to have $40,250 in 12 years, you would need to irvest today. (Note: Round your
ignment: Chapter 02 Using Financial Statements and Budgets In order to have $40,250 in 12 years, you would need to irvest today. (Note: Round your final answer to two-dedimal places, but. Ae not round intermediate calculations.) Present value of an annuity Now the 12 years have passed, and you are ready to pull some money out of your fund. You talked to your investment adviser who sayis you can take this money and move it into an fand that will eam b\% initereht annually. And you envision tackling most of your buckot list items over the fiext is years. The annual amighat you will have to spend for your buchet flst activities is (Note: found your final answer to two dedimat eirces. but do nut round intarmediate caloulations. ignment: Chapter 02 Using Financial Statements and Budgets In order to have $40,250 in 12 years, you would need to irvest today. (Note: Round your final answer to two-dedimal places, but. Ae not round intermediate calculations.) Present value of an annuity Now the 12 years have passed, and you are ready to pull some money out of your fund. You talked to your investment adviser who sayis you can take this money and move it into an fand that will eam b\% initereht annually. And you envision tackling most of your buckot list items over the fiext is years. The annual amighat you will have to spend for your buchet flst activities is (Note: found your final answer to two dedimat eirces. but do nut round intarmediate caloulations
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