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Answer in excel with formulas 2. You are 25 years old. You plan to retire at the age of 65 and you estimate that you

image text in transcribedAnswer in excel with formulas

2. You are 25 years old. You plan to retire at the age of 65 and you estimate that you need to have $2,500,000 in your retirement account to retire comfortably. You believe you can earn 8% per year. How much money must you set aside every month beginning today to achieve your retirement goal. (10 points)

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