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# 2 Derek plans to retire on his 6 5 th birthday. However, he plans to work part - time until he turns 7 4
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Derek plans to retire on his th birthday. However, he plans to work parttime until he turns During these years of parttime work, he will neither make deposits to nor take withdrawals from his retirement account. Exactly one year after the day he turns when he fully retires, he will begin to make annual withdrawals of $ from his retirement account until he turns After this final withdrawal, he wants $ million remaining in his account. He he will make contributions to his retirement account from his th birthday to his th birthday. To reach his goal, what must the contributions be Assume a interest rate.
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