You estimate you will need $3,520,581 in 30 years. How much do you need to save on a yearly basis in order to achieve your goal. Consider that prevailing interest rate is 12%. Round your answer to the nearest two decimals if necessary. Do not type the $ symbol. What is the value of a perpetuity with yearly payments of $3,971 if the prevailing interest rate is 7%. Round your answer to the nearest two decimals if necessary. Do not type the $ symbol. You would like to earn $53,153 over a period of 27 years after your retirement. You have just started saving for retirement, and you expect to work for 29 years. The expected return on your retirement savings is 6% How much do you need to save every year ( 29 years) until retirement? Round your answer to the nearest two decimals if necessary. Do not type the $ symbol. You decide to save $1,214 per year during the next 6 years in order to buy a small fishing boat. When you go to your Bank, they promise a 4% rate. You deposit the first payment today. Assuming that the rate is fixed, How much money will you have in that account 6 years from now? Round your answer to the nearest two decimals if necessary. Do not type the $ symbol. Question 8 You deposit 7,834 in a Bank account that promised an APR (Annual Percentage Rate) of 11\%. How much money will you have in that account 7 years from now? Round your answer to the nearest two decimals. Do not include the $ symbol. You are the winner of an annuity of $44,074 per year during 13 years. If the current Bank rate is 7% (think of this as your opportunity cost). What is the present value of your award? Round your answer to the nearest two decimals if necessary. Do not type the $ symbol. Question 6 0.3pts You are the winner of a special annuity of $26,572 per year during 18 years and you receive the first payment today. If the current Bank rate is 7% (think of this as your opportunity cost), What is the present value of your award? Round your answer to the nearest two decimals if necessary. Do not type the $ symbol