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A person plans to retire in 10 years and, through annual savings, wishes to build her wealth to 100,000 by that time. Money can be
"A person plans to retire in 10 years and, through annual savings, wishes to build her wealth to 100,000 by that time. Money can be invested at a rate of 14% per annum. How much will she have to set aside at the end of each of the next 10 years to achieve her objective? "
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