Se 8 3313 temps summer Questions .2020 sert Draw Design Layout References Manngs Review Home X Cut A Colibri (Body! 12 - A A A BIU - XX A-D-A- A - Abc AaBbc Bbcc Aabb. A CE Aab ABCD Abeba Emphus Heng Normal Son S e Title No Spac. Subtle Em Format Painter Clipboard Lothbrok Industries wishes to accumulate its cash so it will have $50 million sometime in the future. Independent of any financial information provided for Lothbrok in its financial statements, assume they invest $2.65 million immediately, and then $2.65 million at the end of each year in an investment, which is expected to provide a 6% per annum return. (a) How many years will it take Lothbrok to reach its goal? (Round up to the nearest year.) (2 Marks) (b) What if Lothbrok had to make an emergency withdrawal of $10 million at the end of year7. In addition to the withdrawal the company did not make its regular $2.65 million contribution in that year. What must the company's yearly investments from year 8 on, to meet its $50 million goal in the same period as calculated in part(a)? (4 Marks) 1396 words DX English (United States)