Question: Jack has just started his first job and is planning to save $ 1 0 0 0 a year for the first 6 years. He
Jack has just started his first job and is planning to save $ a year for the first years. He already has $ in his account. The rate is
Then he plans to secure a good career for the next years and will save more during this primetime The rate projected during this time is
After that he will retire and will need $ a year for more years of retirement. The rate is expected to be
How much should Jack save during his primetimeto meet his retirement target?
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