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8 . After preparing a detailed budget, Jason estimates that the maximum he will be able to save for retirement is $ 5 0 0

8. After preparing a detailed budget, Jason estimates that the maximum he will be able to save for retirement is $500 per month, for the first five years. After that he is confident that he will be able to increase the monthly saving to $750 per month until retirement. If the account provides a nominal annual return of 7%, how much money will Jason be able to withdraw per month during his retirement phase? CAN YOU SHOW ME WHHAT TO PUT INTO EXCEL TO GET THE ANSWER. LIKE HOW EACH FORMULA SHOULD LOOK IN EXCEL.

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