You plan to retire in $20$ years. Use the time value of money tables to calculate whether it is better for you to save $$25,000$ a year for the last $10$ years before retirement or $$15,000$ for each of the $20$ years. Assume you are able to earn $10$ percent interest on your investments. $($Future Value of $$1,$ Present Value of $$1,$ Future Value Annuity of $$1,$ Present Value Annuity of $$1)$

It is much better to save $$ for $$

$3$

points

$02$:$26$:$23$