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Derek plans to retire on his 65 th birthday. However, he plans to work part-time until he tums 75.00 . During these years of part-time

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Derek plans to retire on his 65 th birthday. However, he plans to work part-time until he tums 75.00 . During these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. Exactly one year after the day he turns 75.0 when he fully retires, he will begin to make annual withdrawals of $118,767,00 from his retirement account until he turns 8600 After this final withdrawal, he wants $1.18 million temaining in his account. He he will make contributions to his retirement account from his 26 th birthday to his 65 th birthday. To reach his goal, what must the contributions be? Assume a 8.00% interest rate. Answer format: Currency. Round to 2 decimal places. Derek plans to retire on his 65 th birthday. However, he plans to work part-time until he turns 7000 . During these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account Exactly one year after the day he turns 70.0 when he fully retires, he will wants to have $3,042,31000 in his retirement account He he will make contributions to his retirement account from his 26 th birthday to his 65 th birthday. To reach his goal, what must the contributions be? Assume a 5.00% interest rate. Answer format: Cumoncy Round to 2 decimal places Derek borrows $280,410,00 to buy a house. He has a 30 -year mortgage with a rate of 4.45%. After making 146.00 payments, how much does he owe on the mortgage

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