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Use the Information for the Question(s)below

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Use the information for the question(s) below.
Assume that you are 30 years old today and that you are planning on retirement at age 65.Your current salary is $45,000 and you expect your salary to increase at a rate of 5% per year as long as you work.To save for your retirement,you plan on making annual contributions to a retirement account.Your first contribution will be made on your 31st birthday and will be 8% of this year's salary.Likewise,you expect to deposit 8% of your salary each year until you reach age 65.Assume that the rate of interest is 7%.
-You are offered an investment opportunity that costs you $28,000,has an NPV of $2278,lasts for three years,has interest rate of 10%,and produces the following cash flows: Use the information for the question(s) below. Assume that you are 30 years old today and that you are planning on retirement at age 65.Your current salary is $45,000 and you expect your salary to increase at a rate of 5% per year as long as you work.To save for your retirement,you plan on making annual contributions to a retirement account.Your first contribution will be made on your 31st birthday and will be 8% of this year's salary.Likewise,you expect to deposit 8% of your salary each year until you reach age 65.Assume that the rate of interest is 7%. -You are offered an investment opportunity that costs you $28,000,has an NPV of $2278,lasts for three years,has interest rate of 10%,and produces the following cash flows:   The missing cash flow from year 2 is closest to: A) $12,500. B) $12,000. C) $13,000. D) $10,000. The missing cash flow from year 2 is closest to:

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Definitions:

Labor Data for Tajnia

Statistical information related to the workforce, employment trends, and economic conditions within Tajnia.

Adults Employed

The portion of the adult population that is currently employed and working.

Adults Unemployed

Individuals who are of working age, not currently employed, and actively seeking employment but unable to find work.

Adults Not in the Labor Force

Individuals over the age of working who are neither employed nor actively seeking employment, excluding them from labor force statistics.

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