IE255 Homework

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ياليت حل هذي الاسئلة


she wants to have income of $100,000 per year
for 20 years with the first withdrawal beginning
30 years from now. If her retirement account earns
interest at 8% per year, the annual amount she would
have to deposit for 29 years beginning 1 year from
now is closest to
a. $7360.
b. $8125.
c. $8670.
d. $9445.


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2.86 At an interest rate of 8% per year, the present
worth in year 0 of a lease that requires a payment
of $9,000 now and amounts increasing by 5% per
year through year 7 is closest to
a. $60,533.
b. $65,376.
c. $67,944.
d. $69,328.