Question: Please keep in mind that this is a multi-part question. Thank you in advance. Present value of complex cash flows) How much do you have

Please keep in mind that this is a multi-part question. Thank you

Please keep in mind that this is a multi-part question. Thank you in advance.

Present value of complex cash flows) How much do you have to deposit today so that beginning 11 years from now you can withdraw $14,000 a year for the next 8 jears (periods 11 through 18) plus an additional amount of $28,000 in the last year (period 18)? Assume an interest rate of 11 percent

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