Mathematics, 07.08.2019 06:10 savannahwatson620102

Question 10
1 pts
lois smith wants to retire in california when she is 70
years of age. lois, who is now 50, believes she will need
$400,000 to retire comfortably. to date, she has set
aside no retirement money. if she get an interest rate of
8% compounded semiannually, she will have to invest
(blank) today.
$38,000
• $83,320
$38,320
o none of the above

Answers: 1

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Question 10
1 pts
lois smith wants to retire in california when she is 70
years of ag...

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