Please view the following video before answering this question. Video Solution: $05\mathrm{.}02-$PR$008$

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Financial planners $($and engineering economists$)$ unanimously encourage people to start early in planning for retirement. To illustrate this point, they frequently produce a table similar to the one below. Assume that your goal is to have $$1,380,000$ on your $65$ th birthday and that deposits start on the birthday shown and continue annually in the same amount on each birthday up to and including your $65$ th birthday. Assume that interest is compounded annually at $12\mathrm{.}5\frac{\%}{?}$ year.

Part a

Fill in the blank cells in this table using calculated Factor Values.

Birthday of

First Deposit

$25$

$30$

$35$

$40$

$45$

Amount of Required

Annual Deposit

$

$

$

$

$