How much would you have to set aside today

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You have a payment that is due in 5 years for $50,000. You can earn a 5% safe rate of return on your money. a. How much would you have to set aside today meet this payment in the future? b. If your rate of return is 8%, how much would you have to set aside today? c. If your rate of return is 10%, how much would you have to set aside today? d. What type of a problem is this? ___________

Reference no: EM131020259

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