Question: show how you get to the answer. couldn t get the right answer If Derek plans to deposit $13,105.00 into his retirement account on each

show how you get to the answer. couldn t get the right answer
show how you get to the answer. couldn t get the right
answer If Derek plans to deposit $13,105.00 into his retirement account on

If Derek plans to deposit $13,105.00 into his retirement account on each birthday beginning with his 26th and the account earns 6.00%, how long will it take him to accumulate $2,532,303.00? Derek decides that he needs $136,309.00 per year in retirement to cover his living expenses. Therefore, he wants to withdraw $136309.0 on each birthday from his 66th to his 88.00th. How much will he need in his retirement account on his 65th birthday? Assume a interest rate of 7.00%

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