Question: Note: you never need to put a negative (-) sign in front of any answer! When we ask for a dollar ($) amount, we just


Note: you never need to put a negative (-) sign in front of any answer! When we ask for a dollar ($) amount, we just want the amount, we don't need to know it's inflow or outflow (+/-), as we'll assume this was apparent from the question. Tony Robbins' wealth strategy: save $300 per month from age 20 to age 30 (i.e. 10 years), and then you stop making any monthly deposits, and you leave the account alone until you are 65 years old (i.e. leave it alone for 35 years). Question Three: At 65 years old, you have saved up a lot of money. Now, you're retired and want to take out a monthly annuity payment from the account, such that at age 95 the value of the account is zero. If you live to 96, you'll move in with the kids. If the account still earns 8.000%(A), what is the monthly payment you can withdraw
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