Question: You must draw precise timelines and show work and/or indicate calculator entries. What rate do you need to earn to triple your money in 15




You must draw precise timelines and show work and/or indicate calculator entries. What rate do you need to earn to triple your money in 15 years? You want to withdraw $6,500 once year at the end of each year for the next 11 years. r=8%. How much money do you need to deposit now to fund the account fully? You want to withdraw $350 once year at the end of each year starting 2 years from now and ending 6 years from now. r=8%. How much money do you need to deposit now to fund the account fully? You want to retire in 30 years. You deposit $20,000 in the account now and plan to save an equal amount each year for the next 30years. Once you retire, you will need $675,000. r=6%. How much do you need to save at the end of each year for the next 30 years? You must draw precise timelines and show work and/or indicate calculator entries. What rate do you need to earn to triple your money in 15 years? You want to withdraw $6,500 once year at the end of each year for the next 11 years. r=8%. How much money do you need to deposit now to fund the account fully? You want to withdraw $350 once year at the end of each year starting 2 years from now and ending 6 years from now. r=8%. How much money do you need to deposit now to fund the account fully? You want to retire in 30 years. You deposit $20,000 in the account now and plan to save an equal amount each year for the next 30years. Once you retire, you will need $675,000. r=6%. How much do you need to save at the end of each year for the next 30 years
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