Putum se verton 9 Dennie Walter is planning to retire in 20 years. She would...
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Putum se verton 9 Dennie Walter is planning to retire in 20 years. She would like to have an annual income of $45, in today's dollars. Assuming an average annual inflation rate of 2, calculate the amount of annual income needed in inflation adjusted dollars $56868 10 Amy is 25. Amy's grandmother gave her $4,000 to deposit in an IRA. Assume that the investments in Amy's IRA ar to compounded money until she retires at age 67. Calculate the amount Amy would have in her IRA Fill in the blank Leon plans to save $300 per month towards retirement at the beginning of each month. How much would he have at the end of 40 years, assuming an interest rate of 10%? Fill in the blank
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