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Saul Goodman is creating a retirement plan so he can retire 2 5 years from now at t = 2 5 years. Today at t

Saul Goodman is creating a retirement plan so he can retire 25 years from now at t=25 years. Today at t=0 he will invest an amount of $325,000 into an account that will earn an annual rate of return of 6.5% per year for the following 25 years. He will also invest in a 25-year annuity that will consist of his making $60,000 annual payments or investments into this annuity for the following 25 years, with the first payment into the annuity being one year from today (t=1) and the last and final payment being 25 years from today (t=25).The interest rate earned on the annuity is 6.5% per year.
Calculate the amount or future value of this retirement plan 25 years from today at t=25 years.

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