Determining the investment for the retirement

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Question: You are offered the opportunity to put some money away for retirement. You will receive five annual payments of $25,000 each beginning in 40 years. How much would you be willing to invest today if you desire an interest rate of 12%? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131795468

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