Question 16 2 pts The Roadrunner is thinking about retirement. He wants to make 120 monthly withdrawals starting 10 years from now (i.e. the first month of year 11). He estimates that he will need to withdraw $10,000 in the first month, and then increase his withdrawals by $250 every month thereafter to live comfortably in retirement. How much money should the Roadrunner deposit into his retirement account every month for the first 10 years if the account pays 12% per year compounded monthly? Draw a cash flow diagram on a piece of paper, from the Roadrunner's perspective, and enter in the table below all the values you identify in your CFD. Note: you do not have to solve this problem yet, just identify the variables (you may have to calculate an interest rate in some problems). Instructions: Enter in the table below the values for each variable, from the Roadrunner's perspective as follows: 12345 (for receipts) or -12345 (for disbursements) and 12.34 for interest rates. For the unknown variable enter a question mark "?" symbol, and if the variable is not included in the problem, enter "dna". Variable Value P F i period nperiod A G ban Question 17 3 pts The Roadrunner is thinking about retirement. He wants to make 120 monthly withdrawals starting 10 years from now (i.e. the first month of year 11). He estimates that he will need to withdraw $10,000 in the first month, and then increase his withdrawals by $250 every month thereafter to live comfortably in retirement. How much money should the Roadrunner deposit into his retirement account every month for the first 10 years if the account pays 12% per year compounded monthly? Note: you do not have to solve this problem yet, just select the problem set up (you may have to calculate an interest rate in some problems). Instructions: Consult the cash flow diagram your drew before and select, from the Roadrunner's perspective, the problem set up that best describes this problem. A = ($1,000*(P/A, 1.00%, 120) + $250*(P/G, 1.00%, 120)]*(A/F, 1.00%, 120) A= ($1,000*(P/A, 12%, 120) + $250*(A/G, 12%, 120] O A = ($1,000*(P/A, 1.00%, 120) + $250*(P/G, 1.00%, 120)]*(A/F, 1.00%, 240) A = ($1,000*(P/A, 1.00%, 240) + $250*(P/G, 1.00%, 240)]*(A/F, 1.00%, 240) A = ($1,000*(P/A, 12%, 10) + $250*(P/G, 12%, 10)]*(A/F, 12%, 10) Question 18 2 pts The Roadrunner is thinking about retirement. He wants to make 120 monthly withdrawals starting 10 years from now (i.e. the first month of year 11). He estimates that he will need to withdraw $10,000 in the first month, and then increase his withdrawals by $250 every month thereafter to live comfortably in retirement. How much money should the Roadrunner deposit into his retirement account every month for the first 10 years if the account pays 12% per year compounded monthly? Instructions: Consult the cash flow diagram and problem setup and calculate your answer. Important: Enter your answer in the following format 1234.00; exclude commas, $ signs, and + or - symbols. Question 16 2 pts The Roadrunner is thinking about retirement. He wants to make 120 monthly withdrawals starting 10 years from now (i.e. the first month of year 11). He estimates that he will need to withdraw $10,000 in the first month, and then increase his withdrawals by $250 every month thereafter to live comfortably in retirement. How much money should the Roadrunner deposit into his retirement account every month for the first 10 years if the account pays 12% per year compounded monthly? Draw a cash flow diagram on a piece of paper, from the Roadrunner's perspective, and enter in the table below all the values you identify in your CFD. Note: you do not have to solve this problem yet, just identify the variables (you may have to calculate an interest rate in some problems). Instructions: Enter in the table below the values for each variable, from the Roadrunner's perspective as follows: 12345 (for receipts) or -12345 (for disbursements) and 12.34 for interest rates. For the unknown variable enter a question mark "?" symbol, and if the variable is not included in the problem, enter "dna". Variable Value P F i period nperiod A G ban Question 17 3 pts The Roadrunner is thinking about retirement. He wants to make 120 monthly withdrawals starting 10 years from now (i.e. the first month of year 11). He estimates that he will need to withdraw $10,000 in the first month, and then increase his withdrawals by $250 every month thereafter to live comfortably in retirement. How much money should the Roadrunner deposit into his retirement account every month for the first 10 years if the account pays 12% per year compounded monthly? Note: you do not have to solve this problem yet, just select the problem set up (you may have to calculate an interest rate in some problems). Instructions: Consult the cash flow diagram your drew before and select, from the Roadrunner's perspective, the problem set up that best describes this problem. A = ($1,000*(P/A, 1.00%, 120) + $250*(P/G, 1.00%, 120)]*(A/F, 1.00%, 120) A= ($1,000*(P/A, 12%, 120) + $250*(A/G, 12%, 120] O A = ($1,000*(P/A, 1.00%, 120) + $250*(P/G, 1.00%, 120)]*(A/F, 1.00%, 240) A = ($1,000*(P/A, 1.00%, 240) + $250*(P/G, 1.00%, 240)]*(A/F, 1.00%, 240) A = ($1,000*(P/A, 12%, 10) + $250*(P/G, 12%, 10)]*(A/F, 12%, 10) Question 18 2 pts The Roadrunner is thinking about retirement. He wants to make 120 monthly withdrawals starting 10 years from now (i.e. the first month of year 11). He estimates that he will need to withdraw $10,000 in the first month, and then increase his withdrawals by $250 every month thereafter to live comfortably in retirement. How much money should the Roadrunner deposit into his retirement account every month for the first 10 years if the account pays 12% per year compounded monthly? Instructions: Consult the cash flow diagram and problem setup and calculate your answer. Important: Enter your answer in the following format 1234.00; exclude commas, $ signs, and + or - symbols