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Janet wants to take the next five years off work to travel around the worid. She estmates her arrual cash needs at $34,000 (if she

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Janet wants to take the next five years off work to travel around the worid. She estmates her arrual cash needs at $34,000 (if she noeda more, shell work odd jobs). Janet believes she can invest her sawings at 10% unt she dopietes her funds. E (Click the icon to view the present value annaty table) B (Click the icon to view the present value tabile) B. (Cick the icon to view the future value annuty table) 6 (Click the icon to view the futue value table.) Requirements 1. How much money doos Janet noed now to fund her traveis? 2. Atter checking with a number of bariks, Janet lears shell be able to invest hes funds only at 4%. How much does she noed now to fund her travels? Requirement 1. How much monoy does Janes noed now to fund her traveis? Calculate how much money Janet needs now to fund her travels. (Rourd your answers to the nearest wholo dolac) With the 10% interest use, janot needs Requirement 2. After checking wth a number of banks, Janet loars shell be ablo to invest her funds ony at 4%. How much does she need now to fund her travels? Calculate how much she noeds to fund her travels if she didnt ger the 10% interest rate she had orginally planned. (Round your answers to the aearest whole dollar) Wha a 4% interest tate. Janet would need she can invest her savings at 10% until she depletes her funds. 8 (Click the icon to view the present value annuty tablo.) E (Click the icon to viow tho presert value table) Q (Click the ican to view the ficure value annuty table) (Click the icon to view the futue value tabie) Requirements 1. How much money does Janet need now to fund her travels? 2. After checking wth a numbet of bariks, lanet learns sheil be able to imest her funds anly at 4%. How much does she need now to fund her trivels? Calculate how much money lanet needs now to fund her travels. (Round your answers to the nearest whole doltar) With the 10k interost rato, Janst needs Requirement 2. Atter checking wth a number of banks, Janet learns shelf be able to invest her funds oniy at 4%. How much does she need now to fund her trivels? Calculase how much she needs to fund her travels if she didnt get the 10% interest rate she had ongnaly plarned. (VRound your answers to the nearest whole dollar) Wh a 4% interest rate, janet would need If Janet's savings are earning a lower interost rate (4\%), sheY need to sive [ to be abie to withdraw $34,000 per year Reference Reference

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