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will give thumbs up! Karen wants to take the next six years of work to travel around the world. She esimates her annual cash needs

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Karen wants to take the next six years of work to travel around the world. She esimates her annual cash needs at $33,000 (if she needs more, shetl work odd jobs). Karen believes she can invest her savings at 1246 until she depletes her funds. (Ciok the icon to view the present value ainnuity table.) (Click the icon to view the present value table) (Clok the icon to view the futuro value arevity table.) (Cick the icon to view the futurt value table.) Requirements 1. How much money does Karen need now to fund her traveli? 2. After checking with a number of banks. Karen leams theil be oble to invest her funds only at 6%. How much does she need now to fund har travels? Requirement 1. How much money does Karen need now to fund her travels? Calculate how much money Karen needs now to fund her traveis. (Round your answers to the nearest whole dellar.) With the 12i interest rate, Karen needs Requirement 2. After checking with a mumber of banki, Karen leams she' be able to inve: her funds only at 6%. How much does the need now to fund her trivels? Calculate how much she needs ta fund her travels if she didnt got the 12% intereat rale she had orignaly planned. (Round your answern to the nearnat whole ifollar.) With a 6 w interest rate. Karen would need If Karen's savings are eaming a lower interest rate (6%), thel need to save to be able to withdraw 533.000 per year. Reference Reference Reference Reference

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