What is the annual rate on a seven-year $65,000 loan with monthly payments of $925? A. 4.34% B. 4.67% C. 4.18% D. 5.21% You want to retire in 35 years and withdraw $800,000 per year for 30 years during your retirement. If you expect to earn an annual rate of 10.5% until you retire and 6% afterward, how much must you save each month until retiring to reach your goal? A. $ 2,547 B. $17,328 C. $6,576 D. $ 1,983 If you can invest your money at 7.5%, how much will you have after 15 years of depositing $25 per day? A. $137,647.68 B. $1,987,507.23 C. $ 253,049.74 D. $1,325,819.66 What annual rate of return is necessary to turn $10,000 into $1 million in 15 years? A. 133.15% B. 98.12% C. 35.94% D. 111.18%

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