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1'.I.||'hat is the amount of the payments that Chris Winslow must make at the end of each of 3 years to accumulate a fund of

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1'.I".||'hat is the amount of the payments that Chris Winslow must make at the end of each of 3 years to accumulate a fund of $91,000 by the end of the Bth year. if the fund earns 3% interest. compounded annually? (Hound factor values to 5 decimal places, mg. 1.25.121 and nal answer to a decimal places, my. 55,581.) Alan Hitchcock is 3? years old today and he wishes to accumulate $519,00 by his lth birthday so he can retire to his summer place on Lake Hopatcong. He wishes to accumulate this amount by making equal deposits on his 3?th through his 56th birthdays. What annual deposit must Alan make if the fund will earn 12% interest compounded annually?l [Round factor values to 5 declmal places, my. 1.25124 and nal answer is 0 decimal places, my. 455,581.] Carla Houston has a $25,200 debt that she wishes to repay 4 years from today: she has $11212 that she intends to invest for the 4 years. What rate of interest will she need to earn annually in order to accumulate enough to pay the debt? (Round answer to a decimal places, my. NJ

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