Question: Show your work and highlight the final answer to each question. John Dana (JD) just turned 30. His goal is to accumulate $1 million in

Show your work and highlight the final answer to each question.

Show your work and highlight the final answer to each question. John Dana (JD) just turned 30. His goal is to accumulate $1 million in his bank account by the time he is 65 ( 35 years from now). Suppose the applicable interest rate is 10%, annually compounded. How much would JD need to deposit annually in equal amounts at the end of each of the next 35 years to reach his goal

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