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Present Value Assignment | Homework For You

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May 28th, 2020
(Present value) Sarah Wiggum would like to make a single investment and have $1.6 million at the time of her retirement in 34 years. She has found a mutual fund that will eam 7 percent annually. How much will Sarah have to invest today? If Sarah eamed an annual return of 15 percent, how soon could she then retire? .. Sarah can earn 7 percent annually for the next 34 years, the amount of money she will have to invest today is to the nearest cent.) Get Finance homework help todayHomework For You

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