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Debbie wants to know how much her cost of living will be in 18 years, based on a 2.85% annual rate of inflation. Her current cost of living is $56,200.

**$90,074.12**

**$33,889.02**

**$93,813.48**

**$93,199.51**

Heather wants to have $2,150,000 on the day she retires 36 years from now. If she earns 8% annual return on her investments, how much does she need to invest each month, in order to reach her goal?

**$53,039.85**

**$4,976.85**

**$15,194.46**

**$861.13**

Roger needs to have $1,500,000 on the day he retires 35 years from now. If he earns 11.00% annual return on his investments, how much does he need to invest each month, in order to reach his goal?

**$304.36**

**$3,571.43**

**$14,054.36**

**$36,543.60**

Jimmy wants to know how much his cost of living will be in 30 years, based on a 2.5% annual rate of inflation. His current cost of living is $45,000.

**$1,975,621.64**

**$86,710.34**

**$21,453.42**

**$94,390.54**

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Answered by Ckiastine88 on coursehero.com

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