You desire an annual retirement income of $200,000 in your Defined-Contribution plan. You expect to live for 30 years past retirement. If you could earn a 3 percent return on your investment, how much accumulated savings and investments would you need? Retirement Account: Type your anser here ! Please type your answer to submit You are considering the tax consequences of investing $2,000 at the end of each year for 30 years in a tax-sheltered retirement account that will earn 9 percent annually. How much will you accumulate over 30 years if the growth in the investment remains sheltered from taxes? Round to the nearest cent. DO NOT INCLUDE TOMMAS OR $. Your parents hope to sell their large home and net $380,000 and then retire to a nice Florida community that is valued at $150,000. After they sell the property, they plan to invest the $230,000 in equity and earn a 4 percent after-tax return. Approximately how much will this nest egg be worth in 5 years when they retire? Round to the nearest cent. DO NOT INCLUDE COMMAS OR $. Type your numeric answer and submit Unanswered 3 attempts left Submit 15.6 Homework Unanswered You decided to invest $5,000 annually for your retirement 30 years from now. You have a conservative investment philosophy and expect to earn a return of 3 percent in a tax-sheltered account. If you took a more aggressive approach and earned a return of 5 percent, how much more would you accumulate? Round to the nearest cent. DO NOT INCLUDE COMMAS OR $. Type your numeric answer and submit