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Author Question: Joe expects to start working immediately after graduation and he is already planning to retire. ... (Read 1850 times)

brutforce

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Joe expects to start working immediately after graduation and he is already planning to retire.
 
  He wants to retire in twenty-five years and hopes that he will be able to do so comfortably by investing 2,000 at the end of each year throughout this period. If he earns 5 compounded annually, how much will be in his retirement fund in twenty-five years?
  A) 95,454.20
  B) 54,000.00
  C) 169,317.75
  D) 102,226.00
  E) 76,345.93

Question 2

Financial structure includes long- and short-term sources of funds.
 
  Indicate whether the statement is true or false


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jaymee143

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brutforce

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


nguyenhoanhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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