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Janet is 35 years old, and she has decided it is time to plan seriously for her retirement. Although $10,000 is the most she can

Janet is 35 years old, and she has decided it is time to plan seriously for her retirement. Although $10,000 is the most she can save by the end of first year, she expects her salary to increase each year so that she will be able to increase her retirement contribution by 5% per year. If the retirement account earns 9% per year, How much will Janet have saved for retirement at age 65? Enter your answer in millions in the following format: 1.234 Hint: Answer is between 1.968 and 2.505

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