Your newly retired parents will be able to withdraw $145,000 per year for each of the next 25 years. Each withdrawal will be made at the beginning of the year. How much money do your parents have in their account now (earning 5.5% annually) to be able to finance this retirement? $1.945,020 $1,737.530 O $1.616,307 0 $3,346,337 $2,051.996 Suppose you plan to invest $400 at the end of each month for the next 5 years, and $600 at the end of each month during the following 5 years (years 6 through 10). If you earn 11% on your investments, how much will you have at the end of the tenth year? $31,807 $54,992 O $41,711 O $102.703 O $79,518 Find the present value of the end-of-year payments shown below. Use an 8 percent annual interest rate with annual compounding. Year 0 1 Deposit $8,000 $20,000 $24,500 $30,000 6 10 O $47,853 O $60,321 O $55,853 $51.716 $82,500