An investor plans the following investments for the next 20, Ask an Expert

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An investor plans the following investments for the next 20 years: 6.00 years of $10,325.00 per year, and 14.00 years of $13,425.00 per year.

She thinks his investments will earn 7.00% a year for the first 6.00 years, and then earn 9.00% per year for the last 14.00 years. How much would the investor have to set aside today if she wants to fund the entire account?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92869172

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