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Homework: Lab 4 Save Scoret 0 of 1 pt 13 of 15 1 complete HW Score: 6.67%, 1 of 15 pts o Problem 4-34 Question

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Homework: Lab 4 Save Scoret 0 of 1 pt 13 of 15 1 complete HW Score: 6.67%, 1 of 15 pts o Problem 4-34 Question Help You are saving for retirement. To Ivecomfortably you decide you will need to save $1 million by the time you are 65. Today is your 22nd birthday, and you decide starting today and continuing on every birthday up to and including your sth birthday, that you will put the same amount to savings account the interest rate is 5%, how much must you set aside each year to make sure that you will have $1 million in the count on your 65th birthday? The amount to deposit each year is (Pound to the nearest dollar) Enter your answer in the newer box and then click Check Answer All parts showing Clear All esc 80 OL DU DD

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