CORPORATE FINANCE- ACCESS >C<
12th Edition
ISBN: 9781307447248
Author: Ross
Publisher: MCG/CREATE
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You plan to save $X per year for 8 years, with your first savings contribution later today. You then plan to withdraw $43,128 per year for
6 years, with your first withdrawal expected in 8 years. What is X if the expected return per year is 13.14 percent per year?
Input instructions: Round your answer to the nearest dollar.
59
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You plan to save $X per year for 6 years, with your first savings contribution in 1 year. You then plan to withdraw $20,975 per year for
8 years, with your first withdrawal expected in 7 years. What is X if the expected return is 13.29 percent per year?
Input instructions: Round your answer to the nearest dollar.
59
$
You plan to save $X per year for 7 years, with your first savings contribution later today. You and your heirs then plan to withdraw
$31,430 per year forever, with your first withdrawal expected in 8 years. What is X if the expected return per year is 14.95 percent per
year per year?
Input instructions: Round your answer to the nearest dollar.
6A
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