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Author Question: Assessing the current business environment is NOT a fundamental concept related to financial ... (Read 66 times)

burton19126

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on: Jul 11, 2018
Assessing the current business environment is NOT a fundamental concept related to financial management.
 
  Indicate whether the statement is true or false

Question 2

You estimate you'll need 200,000 per year for 25 years starting on your 65th birthday to live on
  during your retirement.
 
  Today is your 50th birthday and you want to make equal deposits into an
  account paying 9 interest per year, the first deposit today and the last deposit on your 64th
  birthday. How much must each deposit be (rounded to the nearest 10 )?
  A) 66,909 B) 49,380 C) 85,840 D) 99,920


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cuttiesgirl16

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Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


burton19126

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Reply #2 on: Jul 11, 2018
Correct answers!


cuttiesgirl16

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Reply #3 on: Jul 11, 2018
Great! Please up vote :D


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