Question:

You want to be able to withdraw $35,000 from your account

Last updated: 8/3/2022

You want to be able to withdraw $35,000 from your account

You want to be able to withdraw $35,000 from your account each year for 15 years after you retire.You expect to retire in 30 years. If your account earns 10% interest, how much will you need to deposit each year until retirement to achieve your retirement goals? $__________