You want to save for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watchyour investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and isexpected to continue at this rate. You decide to invest $2,000 today.Required:How much do you expect to have in 30 years? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tablesprovided. Round your answer to 2 decimal places.)Future value

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Asked Nov 24, 2019
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You want to save for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch
your investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is
expected to continue at this rate. You decide to invest $2,000 today.
Required:
How much do you expect to have in 30 years? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables
provided. Round your answer to 2 decimal places.)
Future value
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You want to save for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 today. Required: How much do you expect to have in 30 years? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Future value

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