The Waiting on a Friend Company issued an annuity that pays $4.000 per year for 14 years and earns a rate of retum of 6.5 percent compounded annually. What is the future value of this annulty? Mulipiple Choice $2.242.3 $36.05537 538,38827 58706918 You are planning to make monthly deposits of $160 into a retirement account that pays 13 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 18 years? Multiple Choice $1,639,635.50 $118,512.27 $143,468.11 $136,636.29 Xander Schauffele wishes to save money to provide for his retirement in 23 years. Beginning one month from now, he will begin depositing a fixed amount each month for the next 23 years into a retirement savings account that will earn 6% compounded monthly. Then, one year after making his final deposit, he will want to withdraw $80,200 annually for 14 years for his retirement. The fund will continue to earn 6% compounded monthly. How much should his monthly deposits be so that he will have enough money to purchase the annuity that pays $80,200 a year for 14 years when he retires? Muitiple Cholce $1,245 $2.673.09 54.06812 $1,308.00