Question: please solve the problem, since the beginning the check marks can be wrong smith has saved $2150 each year for 15 years Avear after the

 please solve the problem, since the beginning the check marks canplease solve the problem, since the beginning the check marks can be wrong

smith has saved $2150 each year for 15 years Avear after the saving period ended, Mr. Smith withdrew S2000 and 10% more per vear after that year for 4 years total 5 years). In sixth and seventh year, he only withdrew $4500 per year in the ninth year he decided to withdraw the emaining money in his account. The interest rate wak 6% per year throughout the whole period - 6% a. Draw cash flow diagram $2150 Girons in 6% A-92150 (1-15) . 22 21 27 2 1234... Is Convert to Future $4500 940 FA 42000 With Remaining Amount b. Calculate worth of money Mr. Smith saved ($2150, for 15 year) when he withdrew remaining balance in his account? 1 = $150 (,6%, 15 % 6% = $21501 9.71224.7908) $ 87, 394.14 C. Calculate worth of money Mr. Smith withdrew for 5 year (starting $2000, and increase 10% more per year for 4 more years) when he withdrew remaining balance in his account? 2000 0.1 X - 82000 (F/2,6%,9) + 2001/6, 10%,5) (F/2,6%,9) = $2000 ( 1.6895) + $ 200C 6.862)61.6895) 5 $5697.67 $200 d. what was the amount he withdrew at the end of ninth year? = $4500(%A, 64, 2) (7,67,4) > $4500 (1.6334)(1.2625) 2 E-510,416.00 For 37 394. 11 - 5697.67-10,416.00 Withdrew = 321280.43

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