Question: Question 5 2 pts Barry Cuda has estimated that he will live for 30 years after he retires at age 63. He would like to

 Question 5 2 pts Barry Cuda has estimated that he will

Question 5 2 pts Barry Cuda has estimated that he will live for 30 years after he retires at age 63. He would like to be able to withdraw $80,000 annually from his retirement account for those 30 years assuming his account during retirement earns 6% annual interest. If Barry has 25 years until he retires, how much will he need to save annually at 10% to reach his goal? $14,086 $13,237 $12,655 O $11,197

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