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(Complex pesent value) How much de you have to depost today so that beginning 14 years fiom now you can withdraw $12.000 a year for

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(Complex pesent value) How much de you have to depost today so that beginning 14 years fiom now you can withdraw $12.000 a year for the next 6 years (periods 14 through 19 ) plus an addibonal amount of 524.000 in that last year ipesisd 19)? Assume an interest rate if 15 percoent. a. What is the value of the 512,000 withdrawals in years 14 through 19 at the ond of year 13 if the anoual interost rade is 15 percont? (Round to the nearest cent.) b. What is the present value today of the 6year $12.000 annuly at the end of year 13 (liound in part a) if the annual intereat rate is 15 percant? (Rotand ta the noarest cunt.) c. What is the present value of the amount of $24.000 whidrawal in year 19 z r the aonual diocount rabe is 15 percont? (Round to the nearest cent) amcunt of 524.000 in that last year (period 19 )

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