You will need $100,000 per year for 25 years startingin year 45.??? You are able to save $3000per year from year 3 to year 15, inclusive. How much must yousave from years 10 through 37, inclusive, if interest rateswill be 4% from years 0 through the end of year 25 and 7%starting at the beginning of year 26 and on????Solve for the unknown payments:

4% 7% 3 10 15 25 26 37 45 69 $3000/year PYMT=? $100,000/yr. for 25 years 2,400,000

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3 10 $3000/year 4% 15 25 PYMT=? 37 7% 45 69 -$100,000/yr. for 25 years 2,400,000 3 10 $3000/year 4% 15 25 PYMT=? 37 7% 45 69 -$100,000/yr. for 25 years 2,400,000

Answer rating: 100% (QA)

No of withdrawals25 r7 A100000 PW of withdrawal at emd of year 44 A11rnr 100000117257 10000011072500... View the full answer