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1315. Maria and joel want to have $4 million in real dollars in an account when they retire in 50 years. The nominal return on
1315. Maria and joel want to have $4 million in real dollars in an account when they retire in 50 years. The nominal return on your investment is 9 percent and the inflation rate is 4.5 percent. What real amount must they deposit each year to achieve their goal?
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