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Help Save & Exit Submit 25 Check my work 2 Financial analysts recommend investing 15% to 20% of your annual income in your retirement fund

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Help Save & Exit Submit 25 Check my work 2 Financial analysts recommend investing 15% to 20% of your annual income in your retirement fund to reach a replacement rate of 70% of your income by age 65. This recommendation increases to almost 30% if you start investing at 45 years old. Mallori Rouse is 25 years old and has started investing $3,000 at the end of each year in her retirement account. How much will her account be worth in 20 years at 8% interest compounded annually? How much will it be worth in 30 years? What about at 40 years? How much will it be worth in 50 years? (Please use the following provided Table 31) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Book Ase Print Future value after 20 years Future value after 30 years Future value after 40 years Future value after 50 years cences ch for anything a 2 ee 11/30/22 ternal browser Olaunchun hups.25.2521252new Help Save & Exit Check Bankrate.com reported on a shocking statistic: only 54% of workers participate in their company's retirement plan. T that 46% do not. With such an uncertain future for Social Security, this can leave almost 1 in 2 individuals without pro income during retirement. Jill Collins, 20, decided she needs to have $250,000 in her retirement account upon reti How much does she need to invest each year at 5% compounded annually to meet her goal? (Please use the follow provided Table:) (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Each year investment

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