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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

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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% por year in the nextd several years, how much money will ther retrement account havo ater 20 years in actual dollars and in real dolars Cick the icon to view the interest and annuity table for discrete compounding when 4% per year Olck the loon to view the interest and annuty tabie tor discrete compounding when 11% per yoar In actual dollars OA $200.013 OB S300, 100 C. $642.02s OD. $1.079.3a73 In real dolars OA. $1.079.373 OB. S3.10 OC. 642.028 OD. $290013
Transcribed Image Text: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% por year in the nextd several years, how much money will ther retrement account havo ater 20 years in actual dollars and in real dolars Cick the icon to view the interest and annuity table for discrete compounding when 4% per year Olck the loon to view the interest and annuty tabie tor discrete compounding when 11% per yoar In actual dollars OA $200.013 OB S300, 100 C. $642.02s OD. $1.079.3a73 In real dolars OA. $1.079.373 OB. S3.10 OC. 642.028 OD. $290013
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