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Story #1 Suppose you found an investment that earns 5.0% each year. Suppose you want to withdraw 11,000 dollars in one year. How many dollars




Story #1
Suppose you found an investment that earns 5.0% each year.
Suppose you want to withdraw 11,000 dollars in one year.
How many dollars should you invest today?





Story #2
Suppose you found an investment that earns 5.0% each year.
Suppose you want to withdraw 25,000 dollars in four years.
How many dollars should you invest today?





Story #3
Suppose you found an investment that earns 5.0% each year.
Suppose you want to withdraw 11,000 dollars in one year.
Suppose you also want to withdraw 25,000 dollars in four years.
How many dollars should you invest today?

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