Compute how much money you need to invest today in order to be able to...

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Finance

Compute how much money you need to invest today in order to be able to have retirement income of $72,000 per year for U+2 years if you can earn 4.12% per year and if you plan to retire in 40 years?

Compute how much money you need to invest today in order to be able to have retirement income of $6000 per month for U+28 months if you can earn 4.12% per year and if you plan to retire in 40 years.

U = 13

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