Question

Pearl Willis will invest $33,900 today. She needs $92,195 in 13 years. Click here to view...

Pearl Willis will invest $33,900 today. She needs $92,195 in 13 years.

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What annual interest rate must she earn?

Steve Freeman is investing $8,006 at the end of each year in a fund that earns 6% interest.

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In how many years will the fund be at $92,000?

Candice Alvarez is investing $379,900 in a fund that earns 10% interest compounded annually.

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What equal amounts can Candice withdraw at the end of each of the next 16 years?

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