PVAdas=PVAentian(I+I) One can solve for payments (PMT), periodn (I), and interest rates (t) for armuaties....

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PVAdas=PVAentian(I+I) One can solve for payments (PMT), periodn (I), and interest rates (t) for armuaties. The rasiest way to solve for these variables is with a financial calolatir or a iprendehes. Quantitative Problem it You plan to deposit 82,200 per year for 6 years into a money market account with an annual retiare of 3 . rou plan to make yisur frst depset ane vear from today a. What amaunt will be in vour account at the end of 6 vesrs? Do not round intermediate calowlatians. Round rour anwoor ts the neareet sent. I b. Assume that vacur deposis will begin today. What amount will be in your account after 6 years? De not round intermetite cakulations. found your anser to the bearest cent. Quantitative Problem 2i You and your wife are making plens for retirement. You plon on liviog 30 vears atter yeu retire and would the to have 190,000 annualy on which to like. You fint withdrawal will be made one year affer you retire and you anticipote that your retiement accourt will eam 10 s ancualy. a. What ameunt do you need in your retirement account the dwy you retire? Do not round intermediate caloble-ons, Round yaur answer ta the nearrst cers. the b. Assume that your first withdrowal wilt be mede the day vou retire. Under this assumbton, ahat angurt to visu now need in your retirtment acecune the ear red tetef Da net round intermediate calculations. Round your answer to the nearest cert

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