What savings rate from real income (Spreadsheet 21.3) will produce the same retirement annuity as a 15% savings rate from nominal income? (Round your answer to 1 decimal place.) Savings rate backoduly e Toul Savings pia Retirement Years Income Growth Rate of Inflation Savings Rato ROR 07 .03 .06 Income Deflator Savings Cumulative Savings 50,000 1.00 5,000 5,000 53,500 5,511 10,811 70,128 8,130 44,351 137,952 21,492 260,927 271,372 56,819| 947,1141 533,829 150,212 2 ,964,669 7,445,673 1,572,466 Real Annuity TROR .0291 Consumption 45,000 46,592 53,480 74,751 102,471 136,331 59,918 818-A-N- Retirement Years Income Growth Rate of Inflation Savings Rato POR TROR .07 .03 .06 L(E2-C2/(1+C2) Income Deflator Savings Cumulative Savings Consumption 50000 11 -B4C4"$D$2 -04 (B4-D4/C4 -8491+$B$2) -C414$C$2) -35C5$D$ 2 E 4 (14$E$27+05 -(B5-D67C5 B38*(1+$B$2) -238 (1$C$2) B30 C30 $D$2 E381_$E$2)+D39 -(B39-030VC30 -SUM(B4:339 -SUM(D4:039) T Ros Annuity PMTISF32.5AS2-SE$3978C$39,0,0) What savings rate from real income (Spreadsheet 21.3) will produce the same retirement annuity as a 15% savings rate from nominal income? (Round your answer to 1 decimal place.) Savings rate backoduly e Toul Savings pia Retirement Years Income Growth Rate of Inflation Savings Rato ROR 07 .03 .06 Income Deflator Savings Cumulative Savings 50,000 1.00 5,000 5,000 53,500 5,511 10,811 70,128 8,130 44,351 137,952 21,492 260,927 271,372 56,819| 947,1141 533,829 150,212 2 ,964,669 7,445,673 1,572,466 Real Annuity TROR .0291 Consumption 45,000 46,592 53,480 74,751 102,471 136,331 59,918 818-A-N- Retirement Years Income Growth Rate of Inflation Savings Rato POR TROR .07 .03 .06 L(E2-C2/(1+C2) Income Deflator Savings Cumulative Savings Consumption 50000 11 -B4C4"$D$2 -04 (B4-D4/C4 -8491+$B$2) -C414$C$2) -35C5$D$ 2 E 4 (14$E$27+05 -(B5-D67C5 B38*(1+$B$2) -238 (1$C$2) B30 C30 $D$2 E381_$E$2)+D39 -(B39-030VC30 -SUM(B4:339 -SUM(D4:039) T Ros Annuity PMTISF32.5AS2-SE$3978C$39,0,0)