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4. You plan to retire in 50 years and want to accumulate (13) enough by then to provide yourself with $30,000 in real terms a

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4. You plan to retire in 50 years and want to accumulate (13) enough by then to provide yourself with $30,000 in real terms a year for 25 years. If the interest rate is 8%, and assume that the inflation rate over the next 50 years will average 4%. If you make ann payments into a saving plan, what is the real annual savings you must set

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