A B D E F. K MN P 0 R PROBLEM 2: You are concemed about whether your savings and investments are adequate to meet your retirement needs. Last year you saved $1,500 and believe you can increase that at 5% per annum for the next 15 years. Assuming you can achieve an 8% return on your investment, how much would you accumulate by the end of the 15th year? EXCEL NOTATION MATH FORMULA YOUR INPUTS PV A Year 1 = A(1 + 9) = I 2 n OSCH 4 n 6 17 20