Question: help me to solve these questions using TMV Solver How much does David need to save each year for 8 years as a regular savings

help me to solve these questions using TMV Solver

How much does David need to save each year for 8 years as a regular savings payment if he wants to retire in exactly 8 years with $944,000.00, can earn 13.73 percent on his savings, starts making regular savings payments in exactly 1 year, and saves an equal amount each year with one exception, which is that in 3 years, he plans to make an extra contribution of $30,500.00 to savings?(ROUND THE VALUE TO 0 DECIMAL AND ENTER THE POSITIVE VALUE)

Selected Answer:

0

Correct Answer:

67,618

Answer range +/-

135.236 (67482.764 - 67753.236 )

Question 1

0 out of 10 points

If Ronald invests $3,130.00 in 2 years in an account that is expected to earn 6.00 percent per year, and he expects to invest $2,370.00 in the same account in 5 years, then how much money will Ronald have in his account in 7 years?(Round the value to decimal places and enter the positive value)

Selected Answer:

7515.16

Correct Answer:

6,851.58

Answer range +/-

13.70316 (6837.87684 - 6865.28316 )

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