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You wish to retire in 30 years, so you begin a 401K program that pays $125 into your account weekly at 5.35% interest. (Assume 401K

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You wish to retire in 30 years, so you begin a 401K program that pays $125 into your account weekly at 5.35% interest. (Assume 401K is compounded weekly, ordinary time) 24. How much will you have when you retire? 25. How much did you pay into the annuity? 26. How much interest did you receive over the thirty years? You want to save $600,000 dollars for retirement in your 401K. Over the next 30 years, 27. How much must you deposit weekly if the annuity is paying 6.35%? 28. What will be your total payments into the annuity over the 30 year period? How much interest did you earn while building your annuity? 29. 30. You retire with $600,000 in your IRA which earns 5.7%. What distribution would you receive monthly if you plan to withdraw funds for the next 25 years

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