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titid year how much interest would be earnod? How much of the total is simple...

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Accounting

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titid year how much interest would be earnod? How much of the total is simple interest and how much resalts from compounding of interest? 4 you deposit 510,000 today into an account earming an annual rate of retum of 16%. In the thild year how moch interest would be eamed? (Round fo the nearest cent). (Related to Checkpoint 5.4) (Present value) Sarah Wiggum would like to make a single investrment and have $1.7millionatthetimeofherretirementin25 years $he has fotmd a mutual fund that will earn 6 percent annually. How much will Sarah have to invest todoy? If Sarah earned an annual return of 18 percent, how soon could she then retire? a. H Sarah can eam 6 percent annually for the next 25 years, the amount of money she will have to invest today is s? (Round to the nearest cent)

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