Question: just answer is fine no process 1. 2. there have two questions, in one ques You plan to set aside $2000 each year for the


You plan to set aside $2000 each year for the next 20 years at the end of each year. Given an interest rate of 2.0%, how much will you have saved up in 20 years? Round to the nearest cent. Numeric Answer: Example 2.18. Let's say you're going to receive $100 each week for the next 6 years, with a discount rate of 5%. How much is this worth to you today? Solution: Let's get you do some of the preliminary work here. Practice question 2.16 Homework . Unanswered How many cash flows are there in this example? Numeric Answer: What is the periodic rate in this example? Answer in decimals (not percentage) and round to five decimal places. Numeric
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