You want to have $1 million to use for You want to have $1 million to use for retirement in 35 years. If you can earn 1% per retirement in 35 years. If you can earn 1% per month, how much do you need to deposit on a month, how much do you need to deposit on a monthly basis if the first payment is made in monthly basis if the first payment is made in one month?one month? What if the first payment is made today?What if the first payment is made today?

not in excel please You are considering preferred stock that pays a You are considering preferred stock that pays a quarterly dividend of $1.50. If your desired quarterly dividend of $1.50. If your desired return is 3% per quarter, how much would you return is 3% per quarter, how much would you be willing to pay?