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16.( You wish to save $500,000 in the next 25 years. You notice that a corporate bond fund earns about 14 percent per year and that is where you put your savings. How much must you save in the end of each year to obtain your goal? a. $20,000.00 b. $2,749. 20 c. $4,370. 13 d. $2,000.00
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