You are considering your retirement options. You want to retire in 30 years from today. You anticipate that you will need to make 20 withdrawals during your retirement life. You want to maintain a luxury lifestyle during retirement, so each withdrawal is set to be $90,000. Use 8% interest rate for your calculation. If you just inherited a large sum of money and want to make one lump sum deposit today to cover your retirement needs. What amount do you need to deposit today? 87,813 There is not enough information to calculate the amount that you have to deposit in the scenario described 86,813 873,633