Find the present value PV of the annuity necessary to fund the withdrawal given. HINT [See Example 3.] (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $1,400 per quarter for 15 years, if the annuity earns 6% per year PV = $ Need Help?Read It Talk to a Tutor Submit AnswerSave Progress Practice Another Version You wish to accumulate $100,000 through monthly payments of $200. If you can earn interest at an annual rate of 4% compounded monthly, how long (to the nearest year) will it take to accomplish your goal? 26 Need Help? Read ItT Talk to a Tutor Submit AnswerSave Practice Another Version Find the periodic withdrawals PMT for the annuity given. HINT [See Example 4.] (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $550,000 at 3%, paid out monthly for 19 years Need Help? Read It Talk to a Tutor