Question: PLEASE SHOW WORK! will rate any answer You are 2 5 years old today, and plan to retire in 3 5 years, on your 6

PLEASE SHOW WORK! will rate any answer You are 25 years old today, and plan to retire in 35 years, on your 60^th birthday. You expect to live for 30 years after you retire. You want to retire with an annual income of $ 125,000 per year. You will make the first of your 30 annual withdrawals from the account on the day that you retire. You expect to earn 10% per year on your investments between now and your retirement date, and expect to earn 6% per year on your investments after retirement. If you make equal annual contributions to the account, how much must you invest each year if: (a) you have no money currently invested? (b) you have $ 10,000 currently invested?

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