Future Vahe of a Stream of Unequal Payments Interest rate: 6% Robert Mitchell, a successful...
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Future Vahe of a Stream of Unequal Payments Interest rate: 6% Robert Mitchell, a successful entrepreneur wishing to retire at age 69 , plans to contribute to his simplified employee pension individual retirement account (SEP IRA) at the beginning of each year the amounts indicated in the schedule above. Robert is confident he can average a 6% annual return on his investments. Referencing the table above and assuming Robert has calculated the future value of a stream of unequal payments in order to determine the exp firmted value of his IRA account at the end of year 9 , what amount should be included in box "B" of the schedule above? 0.8900 1.1236 Robert Mitchell, a successful entrepreneur wishing to retire at age 69 , plans to contribute to his simplified employee pension individual retirement account (SEP IRA) at the beginning of each year the amounts indicated in the schedule above. Robert is confident he can average a 6% annual return on his investments. Referencing the table above and assuming Robert has calculated the future value of a stream of unequal payments in order to determine the expected value of his IRA account at the end of year 9 , what amount should be included in box "B" of the schedule above? f1789001.12361.59382.0600
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