Question: You would like to start saving for retirement. Assuming you are now 25 years old and you want to retire at age 55 , you

You would like to start saving for retirement. Assuming you are now 25 years old and you want to retire at age 55 , you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 8% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 at the end of each year for the next 30 years. Required: Calculate how much your accumulated investment is expected to be in 30 years. (RV of S1, PV of S1. EVA of S1, and PVA of S1) (Use tables, Excel, or a financial calculator. Round your answer to 2 decimal places.)

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