9a. Suppose you inherited $1,000,000 and invested it at 5% per year. What is the most you could withdraw at the end of each of the next 10 years and have a zero balance at Year 10? N 10 PV FV 5% US$1,000,000 US$0 PMT = 9b. How would your answer change if you made withdrawals at the beginning of each year? N 10 PV FV 5% US$1,000,000 US$0 PMT = 10a. If you had $100,000 that was invested at 8% and you wanted to withdraw $10,000 at the end of each year, how long would your funds last? PV PMT FV 8.0% US$100,000 -US$10,000 US$0 N = 10b. How long would they last if you earned 0%? PV PMT 0.0% US$100,000 -US$10,000 US$0 FV 11a. What's the future value of $100 after 3 years if the appropriate interest rate is 5%, compounded annually? N PV 5% -US$100 US$0 PMT FV =