Problem 4-55 Calculating Growing Annuities You have 25 years left until retirement and want to retire with $1.7 million. Your salary is paid annually, and you will receive $67,000 at the end of the current year. Your salary will increase at 4 percent per year, and you can earn a return of 10 percent on the money you invest If you save a constant percentage of your salary, what percentage of your salary must you save each year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Percentage of salary References eBook & Resources Worksheet Difficulty: 3 Challenge Problem 4-55 Calculating Growing Section: 4.4 Si Annuities