i want 18 and20

she retires, with the first withdrawal on her 61 st birthday. Haneen is 20 years old today. How much must she set aside each year for her retirement if she can earn 10% on her funds? 18. Your parents are planning for your brothers education to begin 5 years from today. You estimate the yearly tuitipn, books and living expenses to be $8,000 per year for a four-year degree. How much must your parents deposit today at interest rate of 6% for your brother to be able to withdraw $8,000 per year for four years of college? Effective Annual Interest Rate: 19. You have seen a credit card advertisement that states that the annual percentage rate is 12\%. If the credit card requilres monthly payments, what is the effective annual rate of interest on the loan? 20. Your bank will charge you 14% annual interest on a car loan, what will be the effective financing cost if the rate is compounded a. semi-annually b. monthly