Question: 2 - Anna, a civil engineer, invests ( $ 8 , 0 0 0 ) in a retirement fund today. The fund

2- Anna, a civil engineer, invests \(\$ 8,000\) in a retirement fund today. The fund offers an \(\mathbf{8\%}\) annual interest rate, compounded annually. Additionally, Anna plans to deposit an extra \(\$ 1,000\) at the end of each year, starting from the 2nd year, and continue doing so for the next 18 years.
Questions:
i. What will be the total amount available in Anna's account at the end of 20 years?
ii. If Anna decides to withdraw an equal amount of money every year for the next 10 years (starting at the end of year 21), how much can she withdraw each year without exhausting the fund?
3- A company plans to invest \(\mathbf{\$ 50,000}\) in a new packaging machine in 2023. If the project is delayed and the machine is purchased in 2026, the cost of money is \(\mathbf{8\%}\) per year (compounded annually).
Questions:
i. What is the equivalent cost of the machine if purchased in 2026?
ii. What would have been the cost of the machine if purchased in 2020?
2 - Anna, a civil engineer, invests \ ( \ $ 8 , 0

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