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1. You want to have $1,500,000 for retirement 50 years from now.Determine how much you need to save every month to achieve thatgoal. Assume an

1. You want to have $1,500,000 for retirement 50 years from now.Determine how much you need to save every month to achieve thatgoal. Assume an annual return of 7.2%. (Hint: First convert theannual 2 answers

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