How much would you need to set aside to provide each of the


1. How much would you need to set aside to provide each of the following (assume an effective annual discount rate of 10%)? A. $1,000,000 at the end of each year in perpetuity. B. $1,000,000 at the end of the first year and that grows at 4% a year for the next 20 years (assume that it is growing at 4% a year for 21 years). C. $1,000,000 a year spread evenly over 20 years.

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Business Economics: How much would you need to set aside to provide each of the
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