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Suppose you want to retire in 3 0 years with enough saved to earn $ 5 0 Kper year for 2 5 years. Presume that

Suppose you want to retire in 30 years with enough saved to earn $50Kper year for 25years. 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 25 years. (Please would be helpful to receive answer in 15 minutes)

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