Question: please answer using financial calcultor and show work and explination please 3. You deposit $500 per month at the end of each month for the

please answer using financial calcultor and show work and explination please please answer using financial calcultor and show work and explination please 3.

3. You deposit $500 per month at the end of each month for the next 25 years into an account that pays 6% interest. How much could you withdraw at the end of each month for the next 20 years, and have $20,000 left at end of 20 yrs? You save for 25 and withdraw for 20 years.(2 pts) 4. If the exchange rate on 1/1/94 was 3 pesos to the dollar and you took $20,000 to Mexico and put it in a Mexican bank @ 50% interest, what was your annual rate of return in dollars if the exchange rate was 6 pesos to $1 one year later when you went to get your money and bring the dollars back to the US? (1 pts )

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