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O O O E www.mathxlmmiStudentJPlayerHomewnrhaspxmomeworkld=454884858fique51innld=?&tlushed=falseflcld=4?54579&centerwin=yes i" FIN -320-T2?48-1}’EW2-Co||in3 Homework: 6-1 MyFinanceLab Assignment Score: 0 of 1 pt { T of 12 (9 complete] 7 } HW Score: 66.6?%, 8 of 12 pts PS-i 5 (similar 11)) 55 Question Help {I [Annuity interest rate] Your felksjust called and would like mme advice from you. An insuranoe agentjust called them and ofiered them the opportunityto purchase
an annuity for 31 3.6??28 that will pay them $3,500 per year for 10 years. They don’t have the slightest idea what return they would be making on their investment of
$18,6??.2E-. What rate of return would they be earning? The annual rate of return your folks would be earning on their investment is |:|%. (Round to two decimal places.)

 
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www.mathummlStudentfPiayerHomemarinaspam:

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www.mathummlStudentfPiayerHomemarinaspam:omeworkld=454884858fiquestionld=3&flusned=tmeficld=fl54579flcenterwin=yes F|N~320*T2?48-1TEWE-Collins Homework: 6-1 MyFinanceLab Assignment Score: 0 of 1 pl { a of 12 (8 complete} 17 b H?! Score: 45.33%, 5.5 of 12 pts P5-3 (similar to) 5; Question Help {1′ (Related to The Business of Life: Saving for Retirement) (Future value of an ordinary annuity] You are graduating from college at the end ofthis semester and
after reading the The Business of Life box in this chapter, you have decided to invest $4,600 at the end of each year into a Roth lRAfor the next 44 years. lfyou earn
6 peroent compounded annually on your investmenL how much will you have when you retire in 44 years? How much will you have if you wait 10 years before beginning to save and only make 34 payments into your retirement aooou nt? How much will you have when you retire in 44 years? $ (Round in the nearest cent.) Enter your answer In the answer box and then click Check Answer. (2‘) n – – . _.
fimaining —— Clear All Mm” ‘ ‘ }

 
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FIN -320-T2748-1TEW2-Collins Homework:

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FIN -320-T2748-1TEW2-Collins Homework: 6-1 MyFinanceLab Assignment Score: 0 of 1 pt { 2 of 12 (a complete} v p H?! Score: 45.83%, 5.5 of 12 pts ()9 P6-2 (similar to) 55 Question Hep a [Related to Checkpoint 6.2) {Present value of an cu’diner}:r annuity} What is the premnt value of$3,00{] per year for 8 years discounted back to the present at 11
percent? The present value of $3,000 per year for 8 years discounted back to the present at 11 percent is $|:. (Reu nd to the nearest cent.) Enter your answer in the answer box and then click Check Answer. (9 Nlparbeehewlng — CtearAlI FInelCheek ‘ 4 p

 
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www.mathxlmmetudentJPlayerHomeworkaspx

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. fl www.mathxlmmetudentJPlayerHomeworkaspx?homeworkld=454884Esaaquestionld=6fiflushed=1‘alse&oId=4?545?9&oentemln=yes FIN ~320-T2T48-1TEW2-Colllns Homework: 6-1 MyFinanceLab Assignment Score: 0 of 1 pt 4 e of 12 (7 complete] v p H?! Score: 33.33%, 4 of 12 pts IDS-13 (similar to) 55 Question Help fl [Annuity number of periods] HOW long will it take to pay ofi a loan of $53,000 at an annual rate of 11 percent compounded monthly if you make monthly payments of
$600? Use five deoimal places for the monthly percentage rate in your Illoulalions. The number of years it takes to pay ofi the loan is ‘3 years. (Round to one decimal place.)

 
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