Question: Your crazy uncle left you a trust that will pay you $33,000 per year for the next 32 years with the first payment received one

Your crazy uncle left you a trust that will pay you $33,000 per year for the next 32 years with the first payment received one year from today. If the appropriate interest rate is 6.6 percent, what is the value of the payments today?

You want to retire exactly 40 years from today with $2090000 in your retirement account. If you think you can earn an interest rate of 10. 63 percent compounded monthly, how much must you deposit each month to fund to find your retirement?

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