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6 . How much do you have to deposit today so that you can withdraw $ 5 0 , 0 0 0 a year at

6. How much do you have to deposit today so that you can withdraw $50,000 a year at the end of years 5 through 9, and $25,000 at the end of year 10? Assume that you can earn an annual rate of 8 percent.
a) $170,983 d) $158,318
b) $146,591 e) $159,243
c) $146,737
(please solve using financial calculator and relevant formula. the correct answer is d158318)

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