Question: Question 10 (4 points) You are assisting your client, Selena Hermione, with her retirement planning. Selena would like to have retirement income of 85% of

 Question 10 (4 points) You are assisting your client, Selena Hermione,

Question 10 (4 points) You are assisting your client, Selena Hermione, with her retirement planning. Selena would like to have retirement income of 85% of her current salary of $110,000. Selena is currently 30 years from retirement and is planning for 20 years in retirement. She currently has a retirement fund of $200,000. You are allowing for inflation of 2.5% annually and expect to earn an 8% after-tax return. How much should Selena invest at the END of each year to provide her with that amount of capital at retirement? $4,279 $9,284 2,239 $1,841 $1.748

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