9 Mr and Mrs Smarts are deposit $10.000 on December 31st every year towards their retrement. If the bank is giving them an interest rato of 11% per year on their account and infation is expected to averago 4% poryear in the nextd several years, how much money will ther retrement account havo ater 20 years in actual dollars and in real dolarsCick the icon to view the interest and annuity table for discrete compounding when 4% per yearOlck the loon to view the interest and annuty tabie tor discrete compounding when 11% per yoarIn actual dollarsOA $200.013OB S300, 100C. $642.02sOD. $1.079.3a73In real dolarsOA. $1.079.373OB. S3.10OC. 642.028OD. $290013

In this we have to determine retirement value before and after inflation.

year in the nend severl years, how much money wi he rtrement account have ater 20 years in actual dofars and in real dollars A Cick the icon o vew the interest arnd annuty tabie for discrete compounding when /4% per year. A Ock the loon to view the interest ad annuty table tor dscrete compounding when 11 per yoar hactual dollars -OA $200.013 B 5300.100 C. 042 02 OD $1.070.373 real dolars OA. S1.O0.3 OB S,103 OC. 4202 OD. 1293.013

year in the nend severl years, how much money wi he rtrement account have ater 20 years in actual dofars and in real dollars A Cick the icon o vew the interest arnd annuty tabie for discrete compounding when /4% per year. A Ock the loon to view the interest ad annuty table tor dscrete compounding when 11 per yoar hactual dollars -OA $200.013 B 5300.100 C. 042 02 OD $1.070.373 real dolars OA. S1.O0.3 OB S,103 OC. 4202 OD. 1293.013

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 6MC: You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years....

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