Question: Problem 48 Intro You just turned 23 years old and want to retire when you turn 65. You expect to live for 25 years after

Problem 48 Intro You just turned 23 years old and want to retire when you turn 65. You expect to live for 25 years after retirement and want to withdraw $60,000 per year in retirement, starting on your 65th birthday. You expect to earn a return of 4% on your investments every year. BAttempt 3/10 for 10 pts Part 1 What is the present value (as of your 65th birthday) of the withdrawals you expect to make? No decimals Submit IBAttempt 2/10 for 10 pts Part 2 How much money should you save each year if you make the first deposit now and the last one one year before you turn 65? No decimals

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