a.Joe Smith has asked your financial advice. He would like to have $2,000,000 in his investment...

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a.Joe Smith has asked your financial advice. He would like tohave $2,000,000 in his investment account 25 years from now. Heexpects a stable 6% return and has $250,000 now. How much does heneed to add to his account annually to achieve his goal?
b.Joe Smith has asked your financial advice. He would like tohave $2,000,000 in his investment account 25 years from now. Heexpects a stable 6% return and has $250,000 now. What would he needto add annually if his return was reduced to 5.5%?
c.Joe Smith has asked your financial advice. He would like tohave $2,000,000 in his investment account 25 years from now. Heexpects a stable 6% return. What would he need to add annually ifhe started with $300,000 now.

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a.Joe Smith has asked your financial advice. He would like tohave $2,000,000 in his investment account 25 years from now. Heexpects a stable 6% return and has $250,000 now. How much does heneed to add to his account annually to achieve his goal?b.Joe Smith has asked your financial advice. He would like tohave $2,000,000 in his investment account 25 years from now. Heexpects a stable 6% return and has $250,000 now. What would he needto add annually if his return was reduced to 5.5%?c.Joe Smith has asked your financial advice. He would like tohave $2,000,000 in his investment account 25 years from now. Heexpects a stable 6% return. What would he need to add annually ifhe started with $300,000 now.