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You are saving for retirement to live comfortably you decide you will need to save $3,000,000 by the time you are age 65. Today is

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You are saving for retirement to live comfortably you decide you will need to save $3,000,000 by the time you are age 65. Today is your oth birthday, and you decide starting today and continuing on every birthday up to and including your birthday that you will put the same amount into a savings account. If the Interest rates you set aside 55.105 each year to make sure that you will have $3,000,000 in the account on your ch birthday. You realize that you plan has a law. Because your income will increase over your time would be more realistic to save less now and more later Instead of putting the same amount aside each year, you decide to let the amount that you set and grow by 6% per year. Under this plan, how much will you put into the account today? Recall that you are planning to make the first contribution to the account today! The first payments (Round to the nearest dollar) Ler your in the answer box pe here to search Entet New Mode - Delay - You are saving for retirement to live comfortably you decide you wil wed to save $3,000,000 by the time you are age 66. Today is your 30th birthday, and you decide, Marting today and continuing on every birthday up to and including you 65th birthday that you will put the same amount into a savings account of the forest rate is 6%, you set aside $25,185 each year to make sure that you will have $3.000.000 in the account on your 65th birthday. You ale that your plan has a law. Because your income will increase over your time, it would be more realistic to save less and more later Instead of putting the same amount aside each year, you decide to let the amount that you set aside grow by 8% per year. Under this plan, how much will you put into the account today? (Recal that you are planning to make the first contribution to the account today) The first payment is 5 (Round to the m ed dollar) O yerere to search 9. AGO Backspace

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