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Author Question: Provide an appropriate response. True or False? Investing in stocks and bonds is risky because it is ... (Read 45 times)

fahad

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Question 1

Solve the problem. Round up to the nearest dollar.

How much should you deposit at the end of each month into an IRA that pays 6.5% compounded monthly to have $4 million when you retire in 45 years? How much of the $4 million comes from interest?
◦ $5334; $853,440
◦ $5334; $3,146,560
◦ $1239; $669,060
◦ $1239; $3,330,940

Question 2

Provide an appropriate response.

True or False? Investing in stocks and bonds is risky because it is possible to lose all or part of your principal.
◦ True
◦ False


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Marked as best answer by fahad on Feb 2, 2020

Kjones0604

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fahad

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Reply 2 on: Feb 2, 2020
YES! Correct, THANKS for helping me on my review


scottmt

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Reply 3 on: Yesterday
Wow, this really help

 

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