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1.) You'd like to buy a small ranch when you retire in 36 years. You estimate that in 36 years you'll need $2.3 million to
1.) You'd like to buy a small ranch when you retire in 36 years. You estimate that in 36 years you'll need $2.3 million to do so. If your savings can eam 3.1%, how much will you need to save each month in order to reach your goal? Round to the nearest dollar. 2.) You have $36,000 in an account earning 4%. What's the maximum monthly amount you could withdraw out of this account for the next 21 years? Round to the nearest dollar. 3.) Suppose you have $90,000 in a savings account earning 1.6%. You would like to make weekly withdrawals of $350 from this account. How many weekly withdrawals will you be able to make? Round to the nearest whole number
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