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6. How much money would you need to set aside at the END of each month if during retirement you need to replace $80,000
6. How much money would you need to set aside at the END of each month if during retirement you need to replace $80,000 (at the BEGINNING of each year) for 18 years, during that time it will generate 3% annual interest. You will be earning 12% annual interest for 35 years of the monthly contribution period.
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