You just turned 25 you decide to invest $150 every week. The ultimate plan is...
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You just turned 25 you decide to invest $150 every week. The ultimate plan is so you can use this investment to build a house at the age of 45, when you will pull out all of your money. Your advisor is confident that you will be able to earn a 7% annual return with this investment.
What is the number of periods before you pull your money out?
What is the rate per period?
What is the value today of this investment plan?
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