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8) You plan on saving money for retirement in 30 years (t=30) at which time, you wish to have saved $1,000,000. In order to do

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8) You plan on saving money for retirement in 30 years (t=30) at which time, you wish to have saved $1,000,000. In order to do this you plan on depositing $10,000 into the bank for 10 years starting next year (last $10,000 deposit at t=10). And then deposit 35): every year after that until your retirement day (first deposit at t=11 and last deposit of $x at t=30). If the interest rate is 6% pa, what is the $3: you must deposit each year

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