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An investor plans the following investments for the next 20 years: 13.00 years of $10,375.00 per year, and 7.00 years of $13,325.00 per year. She thinks his investments will earn 8.00% a year for the first 13.00 years, and then earn 11.00% per year for the last 7.00 years. How much would the investor have to set aside today if she wants to fund the entire account? Answer Format: Currency: Round to: 2 decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92852041

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