ed amount of money 9-15 Paul Liles is 50 years old and he decides to set aside a fixed amount every year in a pension plan. He wants to start the plan now and continu he is 65 years of age (or 15 years). The money accumulated must alla to receive $3,000 per month, starting one month after his 65th birthday continuing for 20 years to age 85. If the money is invested at 10 percent how much does Mr. Liles need to set aside each month to meet his goal? Assume 10 percent discount rate for entire period