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please please answer asap Suppose you start saving for retirement when you are...

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please please answer asap

Suppose you start saving for retirement when you are 40 years old. You invest $5,200 the first year and increase this amount by 2% each year to match inflation for a total of 10 years. The interest rate is 8% per year. How much money will you have saved when you are 50 years old? Click the icon to view the interest and annuity table for discrete compounding when i=2% per year. Click the icon to view the interest and annuity table for discrete compounding when i=8% per year. When you are 50 years old, you will have saved $ (Round to the nearest dollar.) More Info

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