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After retirement, you expect to live for 25 years. You would like to have $240,000 income each year. In addition, you like to have $1,000,000

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After retirement, you expect to live for 25 years. You would like to have $240,000 income each year. In addition, you like to have $1,000,000 at the end of the 25 years as the buffer. How much should you have saved in the retirement to receive these goals, if the interest is 5% per year (assume that the payments start one year after the retirement)? $3.443.790.26 $3,677,849.47 $3,849,299.19 $3.299.532.79

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