Business, 17.09.2019 18:30 milamdaniela

Acouple will retire in 50 years; they plan to spend about $26,000 a year in retirement, which should last about 25 years. they believe that they can earn 9% interest on retirement savings. a. if they make annual payments into a savings plan, how much will they need to save each year? assume the first payment comes in 1 year. (do not round intermediate calculations. round your answer to 2 decimal places.)

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Acouple will retire in 50 years; they plan to spend about $26,000 a year in retirement, which shoul...