Question: 7 . Assume you plan to leave nothing when you pass away, and you can earn a 6 % return on your investment. a .

7. Assume you plan to leave nothing when you pass away, and you can earn a 6% return on your investment.
a. If you start saving for retirement at age 25, how much will you need to save each year to meet your savings goal?
b. If you start saving for retirement at age 35, how much will you need to save each year to meet your savings goal?

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