You expect to retire in 15 years. Ater you retire, you want to be able to withdraw $2,500 from your account each month for 20 years. If your account earns 4% interest compounded monthly, how much will you need to deposit each month until retirement to achieve your retirement goals? each month Submit Question

Financial Literacy math

College Tuition The Toshes need to have $80,000 in12 years for their son’s college tuition. What amountmust they invest to meet this goal if they can investmoney at 10%, compounded monthly?

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Starting six months after her grandson​ Robin's birth, Mrs. Devine made deposits of ​$240 into a trust fund every six months until Robin was eighteen years old. The trust fund provides for equal withdrawals at the end of each six months for three ​years, beginning six months after the last deposit. If interest is 5.87​% compounded semi-annually​, how much will Robin receive every six months​?       Question content area bottom Part 1 Robin will receive ​$enter your response here. ​(Round the final answer to the nearest cent as needed

Jessica invests​ $250 each quarter in an ordinary annuity with a​ 5% interest rate compounded quarterly. Determine the accumulated amount in​ Jessica's annuity after 25 years.       Question content area bottom Part 1 The accumulated amount is ​$enter your response here. ​(Round to the nearest cent as​ needed.

Use the table or a calculator to find the final accumulated amount and the total interest. (Round your answers to the nearest dollar.) $15,000 at 12% compounded semiannually for 8 years