You have determined that you will need SEK 3,000,000 when you retire in 40 years. You plan to set aside a series of payments each year in an account yielding 3.0 % per year to reach this goal. You will put the first payment in the account one year from today, and the payments will grow with your income by 2.0% per year.

a.) Calculate your first annual payment into this account.

The first annual payment is kr. (round to the nearest krona, don't use a comma as a thousand separator)

b.) Calculate the last annual payment.

The last annual payment is kr. (round to the nearest krona, don't use a comma as a thousand separator)

c.) You want to take out 26000 kr per month when you retire. Assuming that the money is placed in a 3.0% APR account throughout your retirement period, approximately how many months will the money last you?

The number of months the SEK 3,000,000 will last for monthly payments of 26000 kr is . (round to full month, no decima

The price of a share of stock is equal to the present value of the expected future d s it will pay Task You have determined that you will need SEK 3,000,000 when you retire in 40 years. You plan to set aside a series of paymen reach this goal. You will put the first paymentin the account one year from today, and the payments will grow with your incom a.) Calculate your first annual payment into this account The first annual payment is 28463 kr. (round to the nearest krona, dont use a comma as a thousand separator) b.) Calculate the last annual payment The last annual payment is 25435kr. (round to the neare C.) You want to take out 26000 kr per month when you retire. Assuming that the money is placed in a 3 0% APR The first annual payment is 28463 KT (round to the nearest krona, dont use a comma as a thousand separator) st krona, dont use a comma as a thousand separator account thro months will the money last you? (round to full month, n The number of months the SEK 3,.00,00 will last for monthly payments of 26000 kr is 182 round to fulil mont,n The number of months the SEK 3,000,000 will last tor monthly payments of 26000 kr is 182 0