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1. Suppose you save $18,000 per year at an interest rate of i= 5.21% compounded annually....

1. Suppose you save $18,000 per year at an interest rate of i= 5.21% compounded annually. How much will you have after 35 years?

2. A risk-free bond will pay you $1,000 in 1 year. The annual discount rate is i= 3.69% compounded annually. What is the bond's present value?

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