QUESTION 7 You decide to save slightly less than that and save $600 a month to invest into a retirement account promising an annual return of 4% from when you start working at 24 until you retire at 64 years young. How much will you have in your retirement account when you retire? QUESTIONS If you can't start saving that early in your career, you will need to save more each month. How much would you need to save each month during the last 30 years of your career to have $700,000 when you retire? (Still assuming your retirement account earns an APR of 4%.) QUESTION 9 If they have $57,000 combined student loans with an APR of 5.5%, what size monthly payment would pay off these loans after 15 years