Question

Topic: Wekome CSePub-Electronic Publishing r e Get Hom ework Help With Cheg x × 1 uston QB Watson surprises r Wiz Khalifa Foot s Y × ぐ → C 을 https://www.csepub.com/exercise/users answers/9g.18988/edit CSePub Home Book Store Independent Authors About Your Cart tems:Total: $99.99 View Cart Today is Derek's 25th birthday. Derek has been advised that he needs to have $2,397,428.00 in his retirement account the day he tuns 65. He estimates his retirement account will pay 5.00% interest. Assume he crooses not to deposit anything today. Rather he chooses to make annual deposits into the retirement account starting on his 29·00th birthday and ending on his 65h birthday. How much must those deposits be? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here Submit Answer ↑ All Problems Next Problem Contact Us Privacy Policy TeTIs Copyright 2019 Conley Smith Publishing. All Right reserved. O Type here to search 21 PM 19/2019

Answer 1

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File Home nert Page Layout Formulas Data Review View dd-Ins Cut E AutoSum Calibri Wrap Text General aCopy в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 Conditional Format eCell Insert Delete Format Paste Sort &Find & 2 ClearFe Select Edting Format Painter Formatting, as Table w styles. Styles ▼ ㆆ ▼ Clipboard Font Alignment Number Cells DF320 DE DF DG DH DI DJ DK 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 44M CALCULATOR LOAN OPTIONS pv, fv, annuity CAP STRU VALUE EXCEL FUTURE VALUE YEARS (HE WILL START FROM 29 TH BIRTHDAY, SO 29TH &65TH B0TH WILL BE INCULDED) RATE ANNUAL DEPOSIT 2397428 37 5% $23,590.20 EXCEL PMT(DG310,DG308,-DG307) FORMULA FVA-FUTURE VALUE OF ANNUITY-A/r Cl+r)An-1) 2397428A/(0.05) CC1+0.05)437-1) 2397428-A (101.6281389] 23590.20 ANNUAL DEPOSIT-A: BOX DILUTION DOLLAR COST AVGMORTGAGE EXPO Sheeti Sheet2 Shel rences: x261 05:12 30-01-2019