1 estimate the amount of life insurance you would have to, Ask an Expert

Finance

1) Estimate the amount of life insurance you would have to buy in order to guarantee a payment of $50,000 (constant in terms of today’s dollars) each year to your family. Given a market interest rate of 11% and inflation rate 4%

2) How much should you invest annually to purchase a $50,000 car after 10 years? Assuming the price of the car increases by an average of 3% each year and the rate of return on your investment is 10%

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92408438

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