Problem 5 you feel that you can achieve a comfortable retirement if you have the equivalent of I million of todays purchasing power in your retirement account when you retire cumently you have S/ 5 0,000 in this account and you anticipate that your vendors investments will earn an average of U. 0). per year LAPR with monthly Compounding) you expect inflation to average 20 % per year Calto APR with monthly compounding ) you want to retire exactly 30 years from today you plan to start putting the same amount of money ( the same number of dollar bills) into your retirement account each month starting one month from today. How much do you need your refinement account to have in it on the day you retire to meet your goal ? How much doyou need your retirement account to have in it on the day you retire to meet your goal? you want to have enough to retire immediately after you make your monthly contribution to the account exactly Bo years from today - Amount you need in your account for goal? - Amount needed to add to account each month starts one month from today today