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age 23 salary 52,000 annual salary at age 65 inflation at 3% 185,354.87 80% of that future salary 80,620.40 what i need at age 65

age 23
salary 52,000
annual salary at age 65 inflation at 3% 185,354.87
80% of that future salary 80,620.40
what i need at age 65 to recieve that 80% at the end of each year for 20 years 876526.04
image text in transcribed
How much do you need to save per year (at the end of each year) in an investment earning 7% per year now to reach the amount in Question 6 by age 65 ? Assume you have no money now in the investment. Question 8 (1 point) How much do you need to save per month (at the end of each month) in an investment earning 7% per year now to reach the amount in Question 6 by age 65 ? Assume you have no money now in the investment. How much do you need to save per year (at the end of each year) in an investment earning 7% per year now to reach the amount in Question 6 by age 65 ? Assume you have no money now in the investment. Question 8 (1 point) How much do you need to save per month (at the end of each month) in an investment earning 7% per year now to reach the amount in Question 6 by age 65 ? Assume you have no money now in the investment

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