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Question 7 A 45 years old, earns $85.000 annually, and hopes to retire at 65 with a 70% wage replacement ratio. She expects her Investments

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Question 7 A 45 years old, earns $85.000 annually, and hopes to retire at 65 with a 70% wage replacement ratio. She expects her Investments to cam 9 percent with inflation estimated to remain at 3 percent. The present value of her annual Social Security benet is $12.000 and she would like a plan to fund her retirement to age 90. This is a 2-part question Part 1 What is the annual amount she would like in retirement? Please enter your answer in dollars and cents in the following form: Three dollars and seventy-five cents (53.75) should be entered as 3.75. Please do not include the "S" sign

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