22. I am figuring out some numbers for
my retirement and housing costs so I ask...
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22. I am figuring out some numbers formy retirement and housing costs so I ask myself the followingquestions:
How much will I have to invest annually to get to a million in30 years if I think I can earn 7% per year
10,500
21,000
33,333
You wanted to refinance your home as interest rates havedropped and you are thinking of getting a 15 yr mortgage to cutyour total interest payments over the life of the loan. If yourmortgage balance is 200k and a 15 yr mortgage is at 4%, how muchwill your monthly payment be
1,479
31,952
7,972
954
You are going to receive monthly payments of 1,000 for the next5 years. You need a lump sum however and you go to a firm that willpay you a lump sum but they need to earn 9%. How much will youreceive
60k
11k
48k
75k
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