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Today is your 25 th birthday, and you have calculated that you need to accumulate $1.4 Milfion by your 70 this birthday in order to

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Today is your 25 th birthday, and you have calculated that you need to accumulate $1.4 Milfion by your 70 this birthday in order to fetire in a manner in Which you are accustomed to living. If youf retirement account eams th.0\% per year simple interest, how much must you deposit on each of your birthdays ifrom 26 to 70 in order to reach your target retirement savings on your 70 be birthday? (Answer to the nearest dollar.)

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