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You Wish to Have $100,000 After Ten Years for a Major

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Essay

You wish to have $100,000 after ten years for a major purchase such as a boat. How much must you invest at the end of each year if you earn 8 percent annually on your funds?


Definitions:

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions judiciously and empathetically, also understanding the emotions of others.

Relationships

Connections or associations between individuals, governed by social, emotional, professional, or biological factors.

Suppress

To put an end to the activities of (a person, body of persons, etc.), often by force or inhibition.

Computational Fluency

Computational fluency means having an ease and speed in solving mathematical problems, often without the need for calculators, through understanding and the application of various strategies.

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