What is the current value of the client investments

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Question - A stockbroker claims an ability to consistently earn 11% per year on an investor's money. A client invests $12,000 now, $35,000 three years from now, and $5000 per year for 5 years starting 4 years from now.

How much money can the client withdraw every year forever, beginning 10 years from now?

What is the current value of the client's investments if the $5000 per year is expected to continue for an unspecified time into the future?

Reference no: EM132995088

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