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1 pts You turn 25 years old today and are planning to save for your retirement. You want to retire at the age of 65

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1 pts You turn 25 years old today and are planning to save for your retirement. You want to retire at the age of 65 and have $2,000,000 in your savings account at that time. The bank is now offering a certificate of depasit (CD) with an interest rate of 5%. How much do you have to put into your savings account today in order to reach your goal of retirement assuring that it is the only deposit that you are going to make? (round the final answer to the nearest cent)

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