assume that you are 25 years old today and you are planning to retire at age 65. To save for your retirement you plan on making annual contributions to a retirement account. Your first contribution will be made on your 26th birthday and will be $2,000. You expect your contribution to increase by 3% per year as long as you work. If the rate of interest is 7 percent, what is the future value of your retirement savings (that is, the value when you turn 65)? 7. You are presented with the following cash flow stream