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An investor plans to retire at age 62 with total savings of $1,000,000 in today's dollars. If she is currently 37 years old, has $15,0000

An investor plans to retire at age 62 with total savings of $1,000,000 in today's dollars. If she is currently 37 years old, has $15,0000 currently invested, and expects to earn 9% per year on her investments.


How much money must she set aside every year?

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