Question: please reply asap with detailed solution Arjun plans to retire on his 65th birthday. However, he plans to work part-time until he turns 72. During

please reply asap with detailed solution
please reply asap with detailed solution Arjun plans to retire on his

Arjun plans to retire on his 65th birthday. However, he plans to work part-time until he turns 72. During these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. Arjun will fully retire on his 72nd birthday. Assuming that Arjun can earn 7.8% p.a. on all money invested in his retirement account, what annual amount, starting on his 34th birthday, will Arjun have to save in order to have $2,500,000 in his account on his 72nd birthday

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