Sylvia wants to take the next six years off work to travel around the world. She estimates her annual cash needs at $33,000 (if she needs more, she will work odd jobs). Sylvia believes she can invest her savings at 10% until she depletes her funds. Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements Requirement 1. How much money does Sylvia need now to fund her travels? (Round your answer to the nearest whole dollar) With the 10% interest rate, Sylvia needs $ Requirement 2. After speaking with a number of banks, Sylvia learns she will only be able to invest her funds at 4% How much does she need now to fund her travels? (Round your answer to the nearest whole dollar.) With a 4% interest rate, Sylvia would need $ 0 Requirements if Sylvia's savings are caming a lower interest rate (4%), she will need to save to be able to withdrew $33,000 per year. 1. How much money does Sylvia need now to fund her travels? 2. After speaking with a number of banks, Sylvia learns she will only be able to Invest her funds at 4% How much does she need now to fund her travels? Print Done