Suppose you are the financial manager of the International Emirates University IEU. And you are requested at the end of the year 2020 to pay 30,000 as the building rent for the coming two years. Furthermore at the end of the year 2022 you are requested to renew the university working licenses with total amount of $ 50,000 for the coming two years. Also, at the end of the year 2023 you have to face withdraw of $80,000 to pay well-known fees to the head of university in Dubai. If you can earn 8% in your fund how much you should deposit by today to reach your goals, and to leave your balance zero after the last withdrawal?
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