Financial analysts recommend investing 1 5 % to 2 0 % of your annual income in your
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Question:
Financial analysts recommend investing to of your annual
income in your retirement fund to reach a replacement rate of
of your income by age This recommendation increases to almost
if you start investing at years old. Mallori Rouse is
years old and has started investing $ at the end of each year
in her retirement account. How much will her account be worth in
years at interest compounded annually? How much will it be
worth in years? What about at years? How much will it be
worth in years? Please use the following provided Table
Do not round intermediate calculations. Round your answers to the
nearest whole dollar amount. Future value after years $ Future
value after years $ Future value after years $ Future value
after years $
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