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4) Today is Mikes 35th birthday and has $50,000 already saved for retirement and has a goal of retiring when he is 70 with $450,000,

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4) Today is Mikes 35th birthday and has $50,000 already saved for retirement and has a goal of retiring when he is 70 with $450,000, what must he deposit annually (for the next 35 years) assuming he starts making deposits every subsequent birthday (regular annuity) and he earns 8% return on his investments

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