Question: What is the future value ( in $ ) of cash flows 1 - 3 at the end of year 3 , assuming a 6
What is the future value in $ of cash flows at the end of year assuming a interest rate compounded annually
End of yearMary's th birthday is today, and she hopes to retire on her th birthday. She has determined that she will need to have $ in her retirement savings account in order to live comfortably. Mary currently has no retirement savings, and her investments will earn annually. How much must she deposit into her account at the end of each of the next years to meet her retirement savings goal?Mary's th birthday is today, and she hopes to retire on her th birthday. She has determined that she will need to have $ in her retirement savings account in order to live comfortably. Mary currently has no retirement savings, and her investments will earn annually. How much must she deposit into her account at the end of each of the next years to meet her retirement savings goal?
Cash flow
$
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