A salt mine you inherited will pay you $61,000 per year for 25 years, with the...

A salt mine you inherited will pay you $61,000 per year for 25 years, with the first payment being made today. If you think a fair return on the mine is 7.5%, how much should you ask for it if you decide to sell it?

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jeff jeffy answered 2 years ago

you inherited an annuity that will pay you $900 per year for 18 years, with the...

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Your current salary is $52,000 per year, and you are planning to retire in 25 years...

Your current salary is $52,000 per year, and you are planning to retire in 25 years from now. She anticipates that her salary will increase $3,000 each year, and she plans to deposit 5% of her yearly salary into a retirement fund that earns 7% interest compounded daily. What will be the amount of interest accumulated at the time of your retirement?

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