Samantha wants to take the next fivefive years off work to travel around the world. She estimates her annual cash needs at $ $30$ comma $000$$$30,000($if she needs$$ more, she'll work odd$$ jobs$).$ SamanthaSamantha believes she can invest her savings at $1212\%$ until she depletes her funds.

LOADING... $($Click the icon to view the present value annuity$$ table.$)$ LOADING... $($Click the icon to view the present value$$ table.$)$

LOADING... $($Click the icon to view the future value annuity$$ table.$)$ LOADING... $($Click the icon to view the future value$$ table.$)$

Requirements

$1.$

How much money does SamanthaSamantha need now to fund her$$ travels?

$2.$

After checking with a number of$$ banks, SamanthaSamantha learns$$ she'll be able to invest her funds onlybe able to invest her funds only at $1010\%.$ How much does she need now to fund her$$ travels?