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2. How much money must Emily set aside riow to achieye that goy? & may bo heliplul to ronktruct a timeine to vasulize the detais

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2. How much money must Emily set aside riow to achieye that goy? \& may bo heliplul to ronktruct a timeine to vasulize the detais of this probern. as panned on each birthdoy Hom age 65m age 90 , now reach will be left in her account for hor heim after her lasi withdrawar? Funding your retirement Emily Jacob is 45 years old and has saved nothing for retirement. Fortunately, she just inherited $80,000. Emily plans to put a large portion of that money into an investment account earning a(n) 13% return. She will let the money accumulate for 20 years, when she will be ready to retire. She would like to deposit enough,money today so she could begin making withdrawals of $48,000 per year starting at age 66 (21 years from now) and continuing for 24 additional years, when she will make her last withdrawal at age 90 . Whatever remains from her inheritance, Emily will spend on a shopping spree. Emily will continue to earn 13% Yon money in her investment account during her retirement years, and she wants the balance of her retirement account to be $0 after her withdrawal on her ninetieth birthday. a. How much money must Emily set aside now to achieve that goal? It may be helpful to construct a timeline to visualize the details of this

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