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usin wiler whhes to have 1400.000 in a recirement hund 75 years from now. He can create the retirement fund by muking a single hamp-sum

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usin wiler whhes to have 1400.000 in a recirement hund 75 years from now. He can create the retirement fund by muking a single hamp-sum depont toder. Use next table to solve the Dllowing rroblems a. If upon retirement in 25 year, Aeshn plans to aweet 4000,000 in a fund that earns 4%, what is the maxinum aninual withdrawal he can make orer the following 15 years? Pound the anwwer to the nearest rent. Round PVA Gactor to three decimal places. Calculate wour anwwer beved on the DVA-focter. Sikilate vow anewer besed en the financial calculator. b. How manh would Austin need to hove on depost at retwenwent in order to withdraw 345,000 annually ever the is yors 1 the treirement fund earns 4% ? Alaned the answer to the nearest cent. Reand FVA factor to three decinaal places. Calculate vour antwer bosed on the FVA factor. (5) Calculate wour anwwer based on the financial caloulator. 5

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