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Gwen plans to retire in 3 years with $426,000 in her account, which has an annual return of 6.29 percent. If she receives annual payments
Gwen plans to retire in 3 years with $426,000 in her account, which has an annual return of 6.29 percent. If she receives annual payments of X, with her first payment of X received in 4 years and her last payment of X received in 9 years, then what is X, the amount of each payment? Number Emerson plans to retire in 3 years with $296,000 in his account, which has an annual return of 10.13 percent. If he receives payments of $60,700 per year and he receives his first $60,700 payment in 4 years, then how many payments of $60,700 can Emerson expect to receive? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00). Number Sasha plans to retire in 4 years with 561,962 dollars in her account, which has an annual return of 3.19 percent. If she receives payments of 110,000 dollars per year and she receives her first 110,000 dollar payment in 4 years, then how many payments of 110,000 dollars can Sasha expect to receive? Round your answer to 2 decimal places (for example, 2.89, 0.70, or 1.00). Number
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