Question: answer using the excel finance function 2. Holly is 21 years old today and is beginning to plan for her retirement. She wants to set

answer using the excel finance function
answer using the excel finance function 2. Holly is 21 years old

2. Holly is 21 years old today and is beginning to plan for her retirement. She wants to set aside an equal amount at the end of each year of the next 44 years so that she can retire at age 65. She expects to live a maximum of 30 years after she retires and be able to withdraw $73000 per year until she dies. If the account earns 8 % per year what must Holly deposit each year? PV PV FV FV PMT PMT NPER NPER RATE RATE

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