Use future or present value techniques to solve the following problems. 1. If you inherited...
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Use future or present value techniques to solve the following problems. 1. If you inherited $45,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 25 years? 2. If you can earn 4 percent, how much will you have to save each year if you want to retire in 35 years with $1 million
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