D One of your clients plans to save $18 thousand every year, starting at the end of this year, and invest the funds in a

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D One Of Your Clients Plans To Save 18 Thousand Every Year Starting At The End Of This Year And Invest The Funds In A 1 (53.56 KiB) Viewed 12 times

D One of your clients plans to save $18 thousand every year, starting at the end of this year, and invest the funds in an account projected to earn 9% per year. How much will they have in the account 30 years from now? Question 5 1 pts A family will need to make an $62 thousand payment for college tuition in 11 years for their first child. How much will they need to invest today to make this payment, if they can earn 8% per year on the investment? Question 6 1 pts One of your clients is about to retire, and has two choices for his retirement plan payouts. He can elect to receive a 19 year annuity of 17 thousand per year starting at the end of this year, or a lump sum of 261 thousand payable immediately. If the client's required return is 9%, how much more valuable is the lump sum compared to the annuity? Note the result can be a negative number!