Question: please please answer FASTTT 2 Derek plans to retire on his 65th birthday. However, he plan to work panne une 71.00 During of part-time work,
2 Derek plans to retire on his 65th birthday. However, he plan to work panne une 71.00 During of part-time work, he will never maka deponits to or taken withdrawal from herum barchy on your after the day he turns 710 when he lul retices, he will begin to make annual withdraw of 103,53 hrom retirement account until he turns 38 00 Aher this mal withdrawal, he wants 31 milion remaining to account he will make contributions to his retirement account from his 26th birthday to his 65th birthday Tomach his goal, wud must the contributions be? Assume a 9.00% Interest rate Submit Answer format: Currency. Round to 2 decimal places. 25 Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 71.00. During these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. Exactly one year after the day he turns 71.0 when he fully retires, he will wants to have $2,963,313.00 in his retirement account. He he will make contributions to his retirement account from his 26th birthday to his 65th birthday. To reach his goal, what must the contributions be? Assume a 6.00% interest rate. Submit Answer format: Currency Round to 2 decimal places #24 Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 71.00 During these years of part-time work, he will neither make deposits to nar take withdrawals from his retirement account. Exactly one year after the day he turns 71.0 when he fully retires, he will begin to make annual withdrawals of $109,553.00 from his retirement account until he turns 88.00. After this final withdrawal, he wants $1.56 million remaining in his account. He he will make contributions to his retirement account from his 26th birthday to his 65th birthday To reach his goal, what must the contributions be? Assume a 9.00% interest rate Submit Answer format: Currency Round to: 2 decimal places
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