Sun. Sep 25th, 2022
  

Biology homework help. Annual income during retirement–stated in today’s dollars: 101,210Average annual inflation rate during your career: 3.22%Years to retirement: 44Starting annual income during retirement–stated in inflation-adjusted dollars: ? Need Answer(I got $408,162)Annual income during retirement–stated in inflation-adjusted dollars: ? (408,162?)Average annual inflation rate during your career: 3.22%Weighted average expected rate of return on your retirement fund: 10.05%Years of retirement (how long you expect to be retired): 19.72 yearsTotal amount neeeded at retirement (in the fund): ? NEED ANSWER(8048,963.24?) (PV of growing annuity?)Total amount neeeded at retirement (in the fund): ? (8,048,963.24?)Years to retirement: 44Salary Growth Rate: 4.41%Salary when you start saving: 60,000Expected rate of return on your retirement fund in an average market: 10.05%First annual contribution required to accumulate amount needed at retirement: ?? (I got 7451)Percentage of starting salary: #/60,000PLEASE HELP ME! Need to see work. Appreciate any help

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