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Suppose you want to retire in 2 0 years with enough saved to earn $ 5 0 K per year for 2 5 years. Presume

Suppose you want to retire in 20 years with enough saved to earn $50K per year for 25 years. Presume that you have not saved anything [OR have saved $100K] towards retirement yet. Your plan is to make equal contributions over the next 20 years to a retirement account that will earn 10 percent per year.
List your variables and report back how much you have to have saved in FV terms, as well as how much you'll need to save in each of the next 10 years.

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