Empowered by the time value of money concept, a colleague has decided to become a millionaire at age 55 years (30 years from now). What amount should they put away each year to meet the goal? Let i = 10% annual compounding. Empowered by the time value of money concept, a colleague has decided to become a millionaire at age 55 years (30 years from now). What amount should they put away each year to meet the goal? Let i = 10% weekly compounding Empowered by the time value of money concept, a colleague has decided to become a millionaire at age 55 years (30 years from now). What amount should they put away today to meet the goal? Let i = 10% annual compounding