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(Complex present value) How much do you have to deposit today so that beginning years from now you can withdraw 58,000 a year for the

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(Complex present value) How much do you have to deposit today so that beginning years from now you can withdraw 58,000 a year for the next 5 years (periods through 13) plus an additional amount of $16,000 in that last year (period 13)? Assume an interest rate of 13 percent a. What is the value of the 50,000 withdrawals in years through 13 at the end of year 8 it the annual interest rate is 13 percent? (Round to the rest cent) b. What is the present value today of the 5-year 50.000 arvuty at the end of year 8 found in parta) the annual interest rate is 13 percent? $ (Round to the nearest cont.) c. What is the present value of the amount of $10,000 withdrawal in year 13 If the annual discount rate is 13 percent? Art c. What is the present value of the amount of $16,000 withdrawal in year 13 it the annual discount rate is 13 percent? (Round to the nearest cont.) d. How much do you have to deposit today so that beginning 9 years from now you can withdrow $8,000 a year for the next 5 years (periods 9 through 13) plus an additional amount of $16.000 in that last year period 13)? (Round to the nearest cont.) Enter your answer in each of the answer boxes Save for Later

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