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Angela wants to take the next five years off work to travel around the world....

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Accounting

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Angela wants to take the next five years off work to travel around the world. She estimates her annual cash needs at $34,000 (if she needs more, she will work odd jobs). Angela believes she can invest her savings at 10% until she depletes her funds. ve (Click the icon to view Present Value of $1 table ) (Click the icon to view Present Value of Ordinary Annuity of $1 e table.) (Click the icon to view Future Value of SI table.) Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements Requirement 1. How much money does Angela need now to fund her travels? (Round your answer to the nearest whole wet dollar.) of S shl with the 10% interest rate, Angela needs $ Requirement 2. After speaking with a number of banks, Angela learns she wil only be able to invest her funds at 6%. How much does she need now to fund her travels? (Round your answer to the nearest whole dollar) with a 6% interest rate, Angela would need $ If Angela's savings are earning a lower interest rate (6%), she will need to save- td to be able to withdraw S34.000 per year ware tha OE of d Enter any number in the edit fields and then continue to the next question. MacBook Pro F12 Dll F8 F10 a3 F7 F9 F6

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