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accumulate $ 1 , 0 0 0 by age 6 5 . Saving 5 times that amount each year, $ 1 0 4 . 7

accumulate $1,000 by age 65. Saving 5 times that amount each year, $104.75, allows Stefani to accumulate roughly $5,000 by age 65.
a. How much additional money does Stefani need to accumulate over time to reach her goal of $500,000?
b. How much must Stefani save to accumulate the sum calculated in part a over the next 25 years?
a. To reach her goal of $500,000, Stefani needs to accumulate $.(Round to the nearest dollar.)
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