Question: I need help with these two problems 6. 111 points| Previpus Aiswers y Notes Ask Your This is Section 5.2 Prohlem 28 Jan s 62

I need help with these two problems 6. 111 points| Previpus AiswersI need help with these two problems

y Notes Ask Your This is Section 5.2 Prohlem 28 Jan s

6. 111 points| Previpus Aiswers y Notes Ask Your This is Section 5.2 Prohlem 28 Jan s 62 and s considering retiring soon. She has S 30,000 in a und paying interest at an annual rate of 4.2% compounded continuously. She retires, and have a balance of $80,000 when she is 90 years old. Assurme a continuous ioney flow, thern she can spend 3317.1 i ike to with rawa e am un contin s a e s e each month. (Rournd the answer to an integer at the last step.) Hint: Follow Example8 7. 22 points |Previous Arisvers My Notes Ask Your Thls is Section 5.2 Prohlem 30 John is 28 years old and plans to retire at 67. He wants to have a fund at 67 that will let him spend $1,500 a month after retirement, and last for 15 years. Assume a continuous money flow. Answer the following. Round your answers (at the last step) to integers (a) Suppose that after his retirement John puts the money in a fund paying interest at an annual rate of 4.2%, compounded continuously. I hen lohn will need $ 1091479 f his retirement. that John starts to invest a fixed amount each month from now until he retires, n a fund that pays interest at an annual rate of 6.2%, compounded continuously. Then he should invest $ 61 each month. Hint: Follow Example My NotesAsk Your Teache 8 011 points 1 Previous Ansiwers This is Section 5.2 Problem 32: Refer to Exercise 28, If Jan decides to postpone her retirement for 4 years, then she can spend $ Hint: Follow Example 8 but reset the perimeters. each month after retirement. (Round the answer to an integer at the last step.) X Submit Answer Save Progress 9 0/1 points 1 Pravious Answers My Notes Ask Your This is Section 5.2 Problem 34 Refer to Exercise30. If John waits until he is 35 to start investing for his retirement, then he needs to invest $ the answer to an integer at the last step.) Xeach month in order to have the same amount when he retires at 67 (Round Hint: Follow Example 9 but reset the perimeters. 6. 111 points| Previpus Aiswers y Notes Ask Your This is Section 5.2 Prohlem 28 Jan s 62 and s considering retiring soon. She has S 30,000 in a und paying interest at an annual rate of 4.2% compounded continuously. She retires, and have a balance of $80,000 when she is 90 years old. Assurme a continuous ioney flow, thern she can spend 3317.1 i ike to with rawa e am un contin s a e s e each month. (Rournd the answer to an integer at the last step.) Hint: Follow Example8 7. 22 points |Previous Arisvers My Notes Ask Your Thls is Section 5.2 Prohlem 30 John is 28 years old and plans to retire at 67. He wants to have a fund at 67 that will let him spend $1,500 a month after retirement, and last for 15 years. Assume a continuous money flow. Answer the following. Round your answers (at the last step) to integers (a) Suppose that after his retirement John puts the money in a fund paying interest at an annual rate of 4.2%, compounded continuously. I hen lohn will need $ 1091479 f his retirement. that John starts to invest a fixed amount each month from now until he retires, n a fund that pays interest at an annual rate of 6.2%, compounded continuously. Then he should invest $ 61 each month. Hint: Follow Example My NotesAsk Your Teache 8 011 points 1 Previous Ansiwers This is Section 5.2 Problem 32: Refer to Exercise 28, If Jan decides to postpone her retirement for 4 years, then she can spend $ Hint: Follow Example 8 but reset the perimeters. each month after retirement. (Round the answer to an integer at the last step.) X Submit Answer Save Progress 9 0/1 points 1 Pravious Answers My Notes Ask Your This is Section 5.2 Problem 34 Refer to Exercise30. If John waits until he is 35 to start investing for his retirement, then he needs to invest $ the answer to an integer at the last step.) Xeach month in order to have the same amount when he retires at 67 (Round Hint: Follow Example 9 but reset the perimeters

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