Question: You believe you will spend $ 2 1 0 , 0 0 0 a year for 2 4 years once you retire in 1 7

You believe you will spend $210,000 a year for 24 years once you retire in 17 years. If the interest rate is 3.70% per year. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
a. How much must you need saved once you reach retirement. $
b. how much must you save each year until retirement to meet your retirement goal? $

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