D Question 7 You want to go to Europe 5 years wilretim ia0% per year....
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D Question 7 You want to go to Europe 5 years wilretim ia0% per year. Under these conditions, how much would you have just after you make the 5th deposit, 5 years from now? from now. and you can save $.3.500 per year, beginning one year from today. You plan to deposit 5 pts the funds in a mutual fund that you think Your answer should be between 18,055.00 and 24,575.00, rounded to 2 decimal places, with no special characters uestion 8 Your father is about to retire, and wants to buy an annuity that will provide him with $50,000 of income per year for 25 years, beginning a year from today. The going rate On such annuities is 5.15% How much would it cost him to buy such an annuity today? 5 pts Your answer should be between 458.000 .00 and 760.000.00, rounded to 2 decimal places, with no special characters
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