Question: I would really appreciate help with this question number 1. Thankyou a) Enter your desired amount of money you wish to receive each month while

I would really appreciate help with this question number 1. Thankyou I would really appreciate help with this question number 1. Thankyou a)

a) Enter your desired amount of money you wish to receive each month while retired = exist. DO NOT TYPE COMMAS OR ANSTVERS WILL BE MARKED INCORRECT b) Upon retirement (40 years from now) you want to receive "x dollars" (amount of money you choose in Part a) each month for a period of 28 years. This money resides in an account that pays 5.4% interest. How much money must be in the account to fulfill your goal? Amount of money needed = exist. DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT Round your answer to 2 decimal places as needed. c) You plan to deposit money every month or 40 years into an account that pays 6.4% What monthly deposit must you make to achieve the amount of money determined in the answer to Part b above? Payment amount = exist. DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT Round your answer to 2 decimal places as needed d) How much money did you actually deposit into the account? Total amount deposited = exist. DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT. Round your answer to 2 decimal places as needed. e) How much money will you actually receive in payments during retirement? Total amount received = exist. DO NOT TYPE COMMAS OR ANSWERS WILL BE MARKED INCORRECT Round your answer to 2 decimal places as needed

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