Fill in the blanks.

o gant You Wanned to be 70.000 per the years hacen y hay lives for retten by ma 20cm to go bayed wilam You will low the indeplied when you and Contovima the way che view there To you wake the Ooh 1. How much money must you accumulate by retirement? (Hint Find the present value of the $205,000 withdrawals.) 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? 3. How much must you pay into the investment each year for the first twenty years? (Hint: Your answer from Requirement 1 becomes the future value of this annuity.) 4. How does the total out-of-pocket savings compare to the investment's value at the end of the 20-year savings period and the withdrawals you will make during retirement? 1. How much money must you accumulate by retirement? (Hirnt. Find the present value of the 5205,000 withdrawals) Calculate the present value to find out how much money must be acumulated by retirement (Round your answer to the nearest whole dolue) The present value is 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? Over the course of your retirement you will be withdrawing However, by age 40 you only need to have invested These numbers are different becaune O A. You need to have for less accumulated than what you wil withdraw because you only withdraw a portion of the investment every year the balance remains invested where it continues to earn B. You need to have the same accumulated as vou mil withdraw because you will not eam further interest on vour investment when vou reach utrement Choose from any store any Tere bolal amount you out of the womendung How can unders beant? Over the course of your retirement you will be withdrawing However, by age you only seed to have invested These rumbers are because OA. You need to have for me than what you with because you only withdraw portion of the very balance manne want to come OB you will do wiem Marthe rest in your who you are C. You need more and than what you with a www.wire portion of the everyone while comes OD None menyewe want to remove the left your Choose your possed the core to 2. How much more then ch your new years of women were of this and your answer to the rest Whale dobar For the year the amount you must pay the event cher 1. How does the bottle pot compare the times the end of 20-as pened and the wide you will use during the mentioned to meet where the bovend your wer to the whole dotar Theodoret Thes than the other of year and romana than the amount of money you will events witrom the rest itha JW the Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.010 1020 1030 1040 1.050 1.000 1.080 1.100 1.120 1.140 1.160 1.180 1200 Period 2 1.020 1.040 1.061 1.082 1.103 1.1241.1661.210 1.254 1.300 1.346 1.392 1.440 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 1260 1.331 1.405 1.482 1.561 | 1643 1.728 Period 4 1.041 1.0821.126 1.1701216 1.262 1.360 1.464 1.5741.689 1.811 1.939 2.074 Period 5 1.0511.104 1.159 1.217 1276 1.338 1.469 1.611 1.762 1.925 2100 2288 2488 Period 6 1.062 1.126 1.1941.265 1340 1.419 15871772 1.9742.195 2436 2.700 2.986 Period 7 1.072 1.149 1.230 1.316 1.407 1504 1714 1.949 22112502 28263.185 3.583 Period 8 1.083 1.1721.267 1.369 1.47715941.8512144 2.476 2.853 3.278 3.759 4300 Period 9 1.094 1195 1.305 1423 1551 1.689 1999 2358 277332523.803 4.435 5.160 Period 10 1.105 1219 1.344 1.480 1.629 17912 159 2594 3.106 3.707 4.411 5.234 6.192 Period 111.116 1.243 1.384 1539 1710 1.898 2332 2.853 3.4794226 5.117 6.176 7430 Period 12 1127 1268 1.426 1.601 1.796 2012 2518 3.138 3.896 4.818 5.9367288 Period 131.1381.294 1469 1665 1.886 2133 2720 3.4524363 5.4926.8868.599 10.699 Period 14 1.149 1.319 15131732 1.98022612937 3.79748876.261 7988 10. 147 12.839 Period 15 11611.346 1.558 1801 2.079 2 397 3.1724 177 5.474 7.1389.266 11.974 15.407 Period 20 1220 1.486 1.806 2.191 2653 3 2074661 6.727 9.646 13743 1946127393 38338 Period 251.282 16412094 2.666 3.386 4 292 6 848 10.835 17.000 26.462 40 874 62 669 95.396 Period 30 1348 1811 2.427 32434322 5743 10.063 17.449 29.960 50.950 85 850 143371 237376 1400 2. An 2001 noc 1996 02 + 1100.00 1670 717 570 1.77 inve 8.916 nives Mar.) twent Inn elds a Print Done 1. How much money must you accumulate by retirement? (Hirnt. Find the present value of the 5205,000 withdrawals) Calculate the present value to find out how much money must be acumulated by retirement (Round your answer to the nearest whole dolue) The present value is 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? Over the course of your retirement you will be withdrawing However, by age 40 you only need to have invested These numbers are different becaune O A. You need to have for less accumulated than what you wil withdraw because you only withdraw a portion of the investment every year the balance remains invested where it continues to earn B. You need to have the same accumulated as vou mil withdraw because you will not eam further interest on vour investment when vou reach utrement Choose from any store any - Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.010 1020 1030 1040 1050 1.060 1.080 1.100 1.120 1.140 1.160 1.180 1.200 Period 2 1.020 1.040 1.061 1.0821.103 1.124 1.166 1210 1.254 1.300 1.346 1.392 1.440 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 1.260 1.331 1.405 1.482 1.561 1.643 1.728 Period 4 1.041 1.0821.126 1.170 | 1.216 1.262 1.360 1.464 1.574 1.689 1.811 1.939 2074 Period 5 1.051 1.104 1.159 1217 | 1276 1.338 1.469 1.611 1.762 1.925 2100 2288 2.488 Period 6 1.062 1.126 1.194 1.265 1340 1.419 1.587 1.772 1.974 2.195 2436 2700 2986 Period 7 1.072 1.149 1.230 1.316 1.407 1.5041714 1.949 2211 2502 2.826 3.185 3.583 Period 8 1.083 1.1721.267 1.369 1.47715941.851 2144 2.47628533278 3.759 1.300 Period 9 1.094 1.195 1.305 1.423 1.551 1.689 1999 23582.773 3.252 3.803 4.435 5.160 Period 10 1.105 1.219 1.344 1.480 1.629 1791 2.159 2.594 3.106 3.707 4.4115234 6.192 Period 11 1.116124313841539 1710 1.898 2332 2.853 3.4794226 5.117 6.176 7.430 Period 121.127 1268 1.426 1.601 1796 2012 2518 3.138 3.896 4.818 5.9367.288 8.916 Period 131.138 1.2941.469 1.665 1.886 2133 2720 3.452 4.363 5.492 6.8868.599 10.699 Period 141149 1.319 1.513 1.732 1.9802 261 293737974887 62617.988 10.147 12.839 Period 15 1.1611.346 1.558 1801 2.079 2 397 3.172 4.17754747.1389.266 11.974 15.407 Period 20122014861.806 2191 2.653 3.207 4.6616.727 9.646 13.743 19.461 27393 38.338 Period 251282 1.641 2.094 2666 3.386 4.292 6 848 10.835 17.000 26.462 40.874 62.669 95.396 Period 301.348 1.811 2.427 3 243 4322 5.743 10.063 17.449 29.960 50.950 85.850 143,371 237.376 200 4000 1.01 706 1 02.061 1.100.00 4170721 17 370 1100.770 ra Fill In... 1100 00 nd Ant 70 al Print Done More Info -X 1. How much money must you accumulate by retirement? (Hint Find the present value of the $205,000 withdrawals.) 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? 3. How much must you pay into the investment each year for the first twenty years? (Hint: Your answer from Requirement 1 becomes the future value of this annuity.) 4. How does the total out-of-pocket savings compare to the investment's value at the end of the 20-year savings period and the withdrawals you will make during retirement? Print Done lerence 20% Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0857 0.826 0.797 0.769 0.7430.7180.694 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.6830.636 0.592 0.552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.4520.400 0.354 0.3140.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.6270.540 0.467 0.404 0.351 0.305 0.266 0.233 Period 90.914 0.837 0.766 0.703 0.645 0.5920.500 0.424 0.361 0.308 0.263 0.225 0.194 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 Period 110.896 0.804 0.722 0.650 0.585 0.527 0.429 0.3500 287 0237 0.195 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0257 0.208 0.168 0.1370.112 Period 130.879 0.773 0.681 0.601 0.530 0.4690.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 Period 200.820 0.673 0.554 0.456 0.377 0.312 0215 0.149 0.104 0.073 0.051 0.037 0.026 Period 25 0.780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.0160.010 Period 30 0.742 0.552 0.412 0.308 0231 0.174 0.099 0.057 0.033 0.0200.012 0.007 0.004 02 00011 A005 Innl.n.c.7 1207 nono (7 | th Print Done Tere bolal amount you out of the womendung How can unders beant? Over the course of your retirement you will be withdrawing However, by age you only seed to have invested These rumbers are because OA. You need to have for me than what you with because you only withdraw portion of the very balance manne want to come OB you will do wiem Marthe rest in your who you are C. You need more and than what you with a www.wire portion of the everyone while comes OD None menyewe want to remove the left your Choose your possed the core to You are planning for a very early retirement. You would like to retire at age 40 and have enough money saved making 20 equal annual installments (from age 20 to age 40) into a fairly risky investment fund that you expect (Click the icon to view the present value annuity table.) (Click the icon to view the future value annu (Click the icon to view the present value table.) (Click the icon to view the future value t To make your plan work answer the following questions: (Click the icon to view the questions.) O B. You need to have the same accumulated as you will withdraw because you will not earn further interest O C. You need to have far more accumulated than what you will withdraw because you will withdraw a large p OD. None of the above. 3. How much must you pay into the investment each year for the first twenty years? (Hint: Your answer from Requ For the first twenty years, the amount you must pay into the investment each year is 4. How does the total out-of-pocket savings comparto the investment's value at the end of the 20-year savings p above, then round your final answer to the nearest whole dollar) The total out-of-pocket savings amounts to This is far than the investment's worth at the end of twenty years and remarkably than the amount Choose fro less inter any number in the input fields and then continue to the next question D more 1 OB. You need to have the same accumulated as you will withdraw because you will not eam further interest on your investment when you reach retirement OC. You need to have far more accumulated than what you will withdraw because you will withdraw a large portion of the investment every year---the balance remains invested w D. None of the above 3. How much must you pay into the investment each year for the first twenty years? (Hint. Your answer from Requirement becomes the future value of this annuity.) (Round your ans For the first twenty years, the amount you must pay into the investment each year is 4. How does the total out-of-pocket saving compare to the investment's value at the end of the 20-year savings period and the withdrawals you will make during retirement (Use the above, then found your final answer to the nearest whole dollar) The total out of pochet savings amounts to This is for than the investment's worth at the end of twenty years and remarkably than the amount of money you will eventually withdraw from the investment Choose from any list or enter any number in the input fields and then continue to the higher lower o gant You Wanned to be 70.000 per the years hacen y hay lives for retten by ma 20cm to go bayed wilam You will low the indeplied when you and Contovima the way che view there To you wake the Ooh 1. How much money must you accumulate by retirement? (Hint Find the present value of the $205,000 withdrawals.) 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? 3. How much must you pay into the investment each year for the first twenty years? (Hint: Your answer from Requirement 1 becomes the future value of this annuity.) 4. How does the total out-of-pocket savings compare to the investment's value at the end of the 20-year savings period and the withdrawals you will make during retirement? 1. How much money must you accumulate by retirement? (Hirnt. Find the present value of the 5205,000 withdrawals) Calculate the present value to find out how much money must be acumulated by retirement (Round your answer to the nearest whole dolue) The present value is 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? Over the course of your retirement you will be withdrawing However, by age 40 you only need to have invested These numbers are different becaune O A. You need to have for less accumulated than what you wil withdraw because you only withdraw a portion of the investment every year the balance remains invested where it continues to earn B. You need to have the same accumulated as vou mil withdraw because you will not eam further interest on vour investment when vou reach utrement Choose from any store any Tere bolal amount you out of the womendung How can unders beant? Over the course of your retirement you will be withdrawing However, by age you only seed to have invested These rumbers are because OA. You need to have for me than what you with because you only withdraw portion of the very balance manne want to come OB you will do wiem Marthe rest in your who you are C. You need more and than what you with a www.wire portion of the everyone while comes OD None menyewe want to remove the left your Choose your possed the core to 2. How much more then ch your new years of women were of this and your answer to the rest Whale dobar For the year the amount you must pay the event cher 1. How does the bottle pot compare the times the end of 20-as pened and the wide you will use during the mentioned to meet where the bovend your wer to the whole dotar Theodoret Thes than the other of year and romana than the amount of money you will events witrom the rest itha JW the Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.010 1020 1030 1040 1.050 1.000 1.080 1.100 1.120 1.140 1.160 1.180 1200 Period 2 1.020 1.040 1.061 1.082 1.103 1.1241.1661.210 1.254 1.300 1.346 1.392 1.440 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 1260 1.331 1.405 1.482 1.561 | 1643 1.728 Period 4 1.041 1.0821.126 1.1701216 1.262 1.360 1.464 1.5741.689 1.811 1.939 2.074 Period 5 1.0511.104 1.159 1.217 1276 1.338 1.469 1.611 1.762 1.925 2100 2288 2488 Period 6 1.062 1.126 1.1941.265 1340 1.419 15871772 1.9742.195 2436 2.700 2.986 Period 7 1.072 1.149 1.230 1.316 1.407 1504 1714 1.949 22112502 28263.185 3.583 Period 8 1.083 1.1721.267 1.369 1.47715941.8512144 2.476 2.853 3.278 3.759 4300 Period 9 1.094 1195 1.305 1423 1551 1.689 1999 2358 277332523.803 4.435 5.160 Period 10 1.105 1219 1.344 1.480 1.629 17912 159 2594 3.106 3.707 4.411 5.234 6.192 Period 111.116 1.243 1.384 1539 1710 1.898 2332 2.853 3.4794226 5.117 6.176 7430 Period 12 1127 1268 1.426 1.601 1.796 2012 2518 3.138 3.896 4.818 5.9367288 Period 131.1381.294 1469 1665 1.886 2133 2720 3.4524363 5.4926.8868.599 10.699 Period 14 1.149 1.319 15131732 1.98022612937 3.79748876.261 7988 10. 147 12.839 Period 15 11611.346 1.558 1801 2.079 2 397 3.1724 177 5.474 7.1389.266 11.974 15.407 Period 20 1220 1.486 1.806 2.191 2653 3 2074661 6.727 9.646 13743 1946127393 38338 Period 251.282 16412094 2.666 3.386 4 292 6 848 10.835 17.000 26.462 40 874 62 669 95.396 Period 30 1348 1811 2.427 32434322 5743 10.063 17.449 29.960 50.950 85 850 143371 237376 1400 2. An 2001 noc 1996 02 + 1100.00 1670 717 570 1.77 inve 8.916 nives Mar.) twent Inn elds a Print Done 1. How much money must you accumulate by retirement? (Hirnt. Find the present value of the 5205,000 withdrawals) Calculate the present value to find out how much money must be acumulated by retirement (Round your answer to the nearest whole dolue) The present value is 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? Over the course of your retirement you will be withdrawing However, by age 40 you only need to have invested These numbers are different becaune O A. You need to have for less accumulated than what you wil withdraw because you only withdraw a portion of the investment every year the balance remains invested where it continues to earn B. You need to have the same accumulated as vou mil withdraw because you will not eam further interest on vour investment when vou reach utrement Choose from any store any - Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.010 1020 1030 1040 1050 1.060 1.080 1.100 1.120 1.140 1.160 1.180 1.200 Period 2 1.020 1.040 1.061 1.0821.103 1.124 1.166 1210 1.254 1.300 1.346 1.392 1.440 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 1.260 1.331 1.405 1.482 1.561 1.643 1.728 Period 4 1.041 1.0821.126 1.170 | 1.216 1.262 1.360 1.464 1.574 1.689 1.811 1.939 2074 Period 5 1.051 1.104 1.159 1217 | 1276 1.338 1.469 1.611 1.762 1.925 2100 2288 2.488 Period 6 1.062 1.126 1.194 1.265 1340 1.419 1.587 1.772 1.974 2.195 2436 2700 2986 Period 7 1.072 1.149 1.230 1.316 1.407 1.5041714 1.949 2211 2502 2.826 3.185 3.583 Period 8 1.083 1.1721.267 1.369 1.47715941.851 2144 2.47628533278 3.759 1.300 Period 9 1.094 1.195 1.305 1.423 1.551 1.689 1999 23582.773 3.252 3.803 4.435 5.160 Period 10 1.105 1.219 1.344 1.480 1.629 1791 2.159 2.594 3.106 3.707 4.4115234 6.192 Period 11 1.116124313841539 1710 1.898 2332 2.853 3.4794226 5.117 6.176 7.430 Period 121.127 1268 1.426 1.601 1796 2012 2518 3.138 3.896 4.818 5.9367.288 8.916 Period 131.138 1.2941.469 1.665 1.886 2133 2720 3.452 4.363 5.492 6.8868.599 10.699 Period 141149 1.319 1.513 1.732 1.9802 261 293737974887 62617.988 10.147 12.839 Period 15 1.1611.346 1.558 1801 2.079 2 397 3.172 4.17754747.1389.266 11.974 15.407 Period 20122014861.806 2191 2.653 3.207 4.6616.727 9.646 13.743 19.461 27393 38.338 Period 251282 1.641 2.094 2666 3.386 4.292 6 848 10.835 17.000 26.462 40.874 62.669 95.396 Period 301.348 1.811 2.427 3 243 4322 5.743 10.063 17.449 29.960 50.950 85.850 143,371 237.376 200 4000 1.01 706 1 02.061 1.100.00 4170721 17 370 1100.770 ra Fill In... 1100 00 nd Ant 70 al Print Done More Info -X 1. How much money must you accumulate by retirement? (Hint Find the present value of the $205,000 withdrawals.) 2. How does this amount compare to the total amount you will draw out of the investment during retirement? How can these numbers be so different? 3. How much must you pay into the investment each year for the first twenty years? (Hint: Your answer from Requirement 1 becomes the future value of this annuity.) 4. How does the total out-of-pocket savings compare to the investment's value at the end of the 20-year savings period and the withdrawals you will make during retirement? Print Done lerence 20% Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0857 0.826 0.797 0.769 0.7430.7180.694 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.6830.636 0.592 0.552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.4520.400 0.354 0.3140.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.6270.540 0.467 0.404 0.351 0.305 0.266 0.233 Period 90.914 0.837 0.766 0.703 0.645 0.5920.500 0.424 0.361 0.308 0.263 0.225 0.194 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 Period 110.896 0.804 0.722 0.650 0.585 0.527 0.429 0.3500 287 0237 0.195 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0257 0.208 0.168 0.1370.112 Period 130.879 0.773 0.681 0.601 0.530 0.4690.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 Period 200.820 0.673 0.554 0.456 0.377 0.312 0215 0.149 0.104 0.073 0.051 0.037 0.026 Period 25 0.780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.0160.010 Period 30 0.742 0.552 0.412 0.308 0231 0.174 0.099 0.057 0.033 0.0200.012 0.007 0.004 02 00011 A005 Innl.n.c.7 1207 nono (7 | th Print Done Tere bolal amount you out of the womendung How can unders beant? Over the course of your retirement you will be withdrawing However, by age you only seed to have invested These rumbers are because OA. You need to have for me than what you with because you only withdraw portion of the very balance manne want to come OB you will do wiem Marthe rest in your who you are C. You need more and than what you with a www.wire portion of the everyone while comes OD None menyewe want to remove the left your Choose your possed the core to You are planning for a very early retirement. You would like to retire at age 40 and have enough money saved making 20 equal annual installments (from age 20 to age 40) into a fairly risky investment fund that you expect (Click the icon to view the present value annuity table.) (Click the icon to view the future value annu (Click the icon to view the present value table.) (Click the icon to view the future value t To make your plan work answer the following questions: (Click the icon to view the questions.) O B. You need to have the same accumulated as you will withdraw because you will not earn further interest O C. You need to have far more accumulated than what you will withdraw because you will withdraw a large p OD. None of the above. 3. How much must you pay into the investment each year for the first twenty years? (Hint: Your answer from Requ For the first twenty years, the amount you must pay into the investment each year is 4. How does the total out-of-pocket savings comparto the investment's value at the end of the 20-year savings p above, then round your final answer to the nearest whole dollar) The total out-of-pocket savings amounts to This is far than the investment's worth at the end of twenty years and remarkably than the amount Choose fro less inter any number in the input fields and then continue to the next question D more 1 OB. You need to have the same accumulated as you will withdraw because you will not eam further interest on your investment when you reach retirement OC. You need to have far more accumulated than what you will withdraw because you will withdraw a large portion of the investment every year---the balance remains invested w D. None of the above 3. How much must you pay into the investment each year for the first twenty years? (Hint. Your answer from Requirement becomes the future value of this annuity.) (Round your ans For the first twenty years, the amount you must pay into the investment each year is 4. How does the total out-of-pocket saving compare to the investment's value at the end of the 20-year savings period and the withdrawals you will make during retirement (Use the above, then found your final answer to the nearest whole dollar) The total out of pochet savings amounts to This is for than the investment's worth at the end of twenty years and remarkably than the amount of money you will eventually withdraw from the investment Choose from any list or enter any number in the input fields and then continue to the higher lower