Suppose you are 25 years old and would like to retire at


Suppose you are 25 years old and would like to retire at age 65.

furthermore you would like to have a retirement fund from which you can draw an income of $125,000 per year-forever! How can you do it? Assume a constant APR of 7%.

A) Calculate your total retirement fund in your savings account by the time you retire

B) Calculate your monthly deposits

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Financial Management: Suppose you are 25 years old and would like to retire at
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