Gail korosa decided that in six years she will leave her job in publishing and retire to arizona. what amount should gail invest today so that she will be able to withdraw $50,000
at the end of each year for 30 years after she retires?
assure she can invest money at 5% interest compounded annually.

step-by-step explanation:

let x and 400 - x be the two numbers.  

==> 0.80x + 0.85(400 - x) = 400 - 68 from the statement of the problem.  

< ==> 0.80x + 0.85(400 - x) = 400 - 68  

==> 340 - 0.05x = 332  

< ==> -0.05x = -8 ==> x = 160, the first number ==> 400 - x = 240, the second number.

no

step-by-step explanation: