Assuming a Straight Annuity withdrawal schedule (no adjustment for inflation during retirement): Javier decides he will need to withdraw $226,000 per year, in order to fund his retirement. Retirement is expected to last 25 years. Assuming a discount rate of 7.5% annually, what is Javier's Target Value for his retirement account on the day he retires? $2,519,209.76 $1,455,302.22. $3,281,192.66 $5,650,000.00 What will a wedding cost in 25 years, if the cost of the same wedding today is $20,000 ? (Assume that the inflation rate of weddings is 6.3% per year). $50,000.00 $76,832.23 $65,102.83 $92,121.63 Assuming a Straight Annuity withdrawal schedule (no adjustment for inflation during education): Karen decides she will need to withdraw $20,000 per year, in order to fund her child's education. College is expected to last 4 years. Assuming a discount rate of 7.5% annually, what is Karen's Target Value for her child's education account on the day he begins college? $40,056.81 $66,986.53 $75,689.00 $80,000.00