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Maria is 27 years old todiy and she wishes to accumulate $2,524,000 by her 62 nd birthday so she can retire to a skd lodge
Maria is 27 years old todiy and she wishes to accumulate $2,524,000 by her 62 nd birthday so she can retire to a skd lodge in Colorado, 5 he wishes to accunnulate this amount by making equal deposits on her 27 th through her 61 th birthdays. What annual deposit must Maria make if the fund will earn 8% interest compounded annually? (Round factor volues to 5 decimal ploces, es. 1.25124 and final answer to 0 decimal places, eg. 458,581.) Annual deposit
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