Hello I need help with this question but when solving it wou

Hello,

I need help with this question, but when solving, it would be better to use a financial calculator (so I know what keys to use)

Thanks.

Assume a world without inflation. Janice Lewisberg, 38, plans to retire at age Her life expectancy is age 90. She wants to live a retirement lifestyle that will cost $35,000 per year, payable at the beginning of each year. She now has in her investment account and plans to invest an equal amount annu- 68. $20,000 ally for her retirement. The rate of interest that she expects to earn is 6%.

Set mode BGN
1.
N=90-68=22
PMT=35000
I/Y=6%
CPT PV=$446,742.68

2.
FV=-446742.68
N=68-38=30
PV=20000
I/Y=6%
CPT PMT=$3960.22

3.
PV=446742.68
N=85-68=17
I/Y=6%
PMT=-35000
CPT FV=$156278.69

Hello, I need help with this question, but when solving, it would be better to use a financial calculator (so I know what keys to use) Thanks. Assume a world wi

Hello I need help with this question but when solving it wou

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