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please help, super confused Question: Martha wants to take the next four years off work to tra See this question in the app 33,000 Martha

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Question: Martha wants to take the next four years off work to tra See this question in the app 33,000 Martha wants to take the next four years of work to travel around the world. She estimates her annual cash needs at of she needs more, she will work odd jobs). Martha believes she can invest her savings at 12% until she depletes her funds Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of S1 table) (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of 51 table.) Read the resuirements Requirement 1. How much money does Martha need now to fund her travels? (Round your answer to the nearest whole dollar) With the 12% interest rate, Martha needs $ Requirement 2. Aner spanking with a number of banks, Martha leams she will only be able to invest her funds at 6%. How much does she need now to fund her travels? (Round your answer to the nearest whole With a 6% interest rate, Martha would need $ If Martha's savings are caming a low est rate (6%), she will need to save be able to withdraw $20,000 per year Show transcribed image text Expert Answer o Anonymous answered this 2,068 answers Was this answer helpful? 0 Question: Martha wants to take the next four years off work to tra See this question in the app 33,000 Martha wants to take the next four years of work to travel around the world. She estimates her annual cash needs at of she needs more, she will work odd jobs). Martha believes she can invest her savings at 12% until she depletes her funds Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of S1 table) (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of 51 table.) Read the resuirements Requirement 1. How much money does Martha need now to fund her travels? (Round your answer to the nearest whole dollar) With the 12% interest rate, Martha needs $ Requirement 2. Aner spanking with a number of banks, Martha leams she will only be able to invest her funds at 6%. How much does she need now to fund her travels? (Round your answer to the nearest whole With a 6% interest rate, Martha would need $ If Martha's savings are caming a low est rate (6%), she will need to save be able to withdraw $20,000 per year Show transcribed image text Expert Answer o Anonymous answered this 2,068 answers Was this answer helpful? 0

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