After looking at the results of her calculations, Naomi has decided to aim for $500,000 savings by the time she retires. She expects to have a starting salary after college of $25,000 to $35,000 and she has taken into account all of the living expenses that will come out of her salary. What will Naomi's annual deposits need to be accumulate $500,000 in a CD at 6%?

To calculate the annual deposits Naomi will need to make in order to accumulate $500,000 in a CD at 6%, we need to consider the future value formula for compound interest.

The formula for future value with compound interest is:

FV = PV * (1 + r)^n

Where:
FV is the future value (in this case, $500,000)
PV is the present value (the amount of money Naomi will initially deposit)
r is the annual interest rate (6% expressed as 0.06)
n is the number of time periods (the number of years until Naomi retires)

We need to rearrange the formula to determine the annual deposits:

PV = FV / (1 + r)^n

Given that PV = $0 (since no initial deposit is mentioned), we can modify the formula to solve for the annual deposits:

Annual deposits = FV / [(1 + r)^n - 1]

Substituting the given values into the formula, we get:

Annual deposits = $500,000 / [(1 + 0.06)^n - 1]

Now we need to determine the number of years until Naomi retires. However, the question does not provide this information. Without knowing the time period, we cannot calculate the annual deposits.

It is important to have the specific number of years Naomi plans to save in order to calculate the annual deposits accurately.