44 years, immediately after making your last

$5,000

investment.\ a. How much will you have in your retirement account on the day you retire?\ b. If, instead of investing

$5,000

per year, you wanted to make one lump-sum investment today for your retirement that will result in the same retirement saving, how much would that lump sum need to be? continue to eam

11%

in retirement)?\ d. If, Instead, you decide to withdraw

$500,000

per year in retirement (again with the first withdrawal one year after retiring), how many years will it take until you exhaust your savings?\ e. Assuming the most you can afford to save is

$1,000

per year, but you want to retire with

$1,000,000.00

in your investment account, how high of a return do you need to eam on your investments?\ a. How much will you have in your retirement account on the day you retire?\ The amount in the retirement account in 44 years would be: (Round to the nearest cent.)

44 years, immediately after making your last $5,000 investment. a. How much will you have in your retirement account on the day you retire? continue to eam 11% in retirement)? d. If, Instead, you decide to withdraw $500,000 per year in retirement (again with the first withdrawal one year after retiring), how many years will it take until you exhaust your savinge? e. Assuming the most you can afford to save is $1,000 per year, but you want to retire with $1,000,000.00 in your investment account, how high of a return do you need to eam on your Investments? a. How much will you have in your retirement account on the day you retire? The amount in the retirement account in 44 years would be : (Round to the nearest cent.)