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Decision #2: Planning for Retirement Evan und Morgan are 22, newly married, and ready to embark on the journey of life. They both plan to

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Decision #2: Planning for Retirement Evan und Morgan are 22, newly married, and ready to embark on the journey of life. They both plan to retire 45 years from today. Because their budget seems tight right now, they had been thinking that they would wait at least 10 years and then start investing $1800 per year to prepare for retirement Morgan just told Evan, though that she had heard that they would actually have more money the day they retire if they put $100 per year away for the next 10 years and then simply let that money sit for the next 35 years without any additional payments - then they would have MORE when they retired than if they waited 10 years to start investing for tetirement and then made yearly payments for 35 years ( they originally planned to do) Please help van and Morgan make an informed decision: Asume that all payments are made at the END of the year, and that the rate of return on all Warly investments will 2.1% anually (Please do NOT ROUND when entering Rates for way of the questions below) .) How much money will live and Morgan have in 45 years if they do nothing for the next 10 years, then put Sino0 per year way for the remaining 35 years? ) How much money will Evan and Morgan have in 10 years they put 100 per year way for the next 10 years 2) How much will the mount you just computed grow wit remained for the remaining 35 years, but withod wy additional yearly deposits being made? c) How much money will and More 45 yeni they put S1800 per year wwwy for each of the 45 years! That can becomed to as the time dlowch i Moss 5 yeah 5150 per MONTH. ach the year Members antara per 10 years, then put $1800 per year away for the remaining 5 years b) How much money will Evan and Morgan have in 10 years if they put $1800 per year away for the next 10 years? b2) How much will the amount you just computed grow to if it remains invested i de remaining 35 years, but without any additional yearly deposits being made? c) How much money will Evan and Morgan have in 45 years if they put $1800 per year away for each of the next 45 years? (This amount can be referred to as their "retiremen nestegg") 4) How much money will Evan and Morgan have in 45 years if they put away $150 per MONTH at the end of each month for the next 45 years? (Remember to adjust &.4% annual rate to a Rate per month!) c) Evan and Morgan wait 25 years after the kids are raised) before they put anything away for retirement, how much will they have to put away at the end of each year for 20 Decision #2: Planning for Retirement Evan und Morgan are 22, newly married, and ready to embark on the journey of life. They both plan to retire 45 years from today. Because their budget seems tight right now, they had been thinking that they would wait at least 10 years and then start investing $1800 per year to prepare for retirement Morgan just told Evan, though that she had heard that they would actually have more money the day they retire if they put $100 per year away for the next 10 years and then simply let that money sit for the next 35 years without any additional payments - then they would have MORE when they retired than if they waited 10 years to start investing for tetirement and then made yearly payments for 35 years ( they originally planned to do) Please help van and Morgan make an informed decision: Asume that all payments are made at the END of the year, and that the rate of return on all Warly investments will 2.1% anually (Please do NOT ROUND when entering Rates for way of the questions below) .) How much money will live and Morgan have in 45 years if they do nothing for the next 10 years, then put Sino0 per year way for the remaining 35 years? ) How much money will Evan and Morgan have in 10 years they put 100 per year way for the next 10 years 2) How much will the mount you just computed grow wit remained for the remaining 35 years, but withod wy additional yearly deposits being made? c) How much money will and More 45 yeni they put S1800 per year wwwy for each of the 45 years! That can becomed to as the time dlowch i Moss 5 yeah 5150 per MONTH. ach the year Members antara per 10 years, then put $1800 per year away for the remaining 5 years b) How much money will Evan and Morgan have in 10 years if they put $1800 per year away for the next 10 years? b2) How much will the amount you just computed grow to if it remains invested i de remaining 35 years, but without any additional yearly deposits being made? c) How much money will Evan and Morgan have in 45 years if they put $1800 per year away for each of the next 45 years? (This amount can be referred to as their "retiremen nestegg") 4) How much money will Evan and Morgan have in 45 years if they put away $150 per MONTH at the end of each month for the next 45 years? (Remember to adjust &.4% annual rate to a Rate per month!) c) Evan and Morgan wait 25 years after the kids are raised) before they put anything away for retirement, how much will they have to put away at the end of each year for 20

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