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1. Derek wants to withdraw $13,105.00 from his account 6.00 years from today and $12,140.00 from his account 14.00 years from today. He currently has

1. Derek wants to withdraw $13,105.00 from his account 6.00 years from today and $12,140.00 from his account 14.00 years from today. He currently has $3,215.00 in the account. How much must he deposit each year for the next 14.0 years? Assume a 6.63% interest rate. His account must equal zero by year 14.0 but may be negative prior to that.

Answer Format: Currency: Round to: 2 decimal places. 2. Derek currently has $14,133.00 in an account that pays 5.00%. He will withdraw $5,997.00 every other year beginning next year until he has taken 6.00 withdrawals. He will deposit $14133.0 every other year beginning two years from today until he has made 6.0 deposits. How much will be in the account 26.00 years from today?
Answer Format: Currency: Round to: 2 decimal places.

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