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Assume your goal in life is to retire with 3 million dollars. How much would you need to save at the end of each year

Assume your goal in life is to retire with 3 million dollars. How much would you need to save at the end of each year if investment rates average 8% and you have a 14-year work life?

  • A. $41,159
  • B. $ 123,891
  • C. $ 175,706
  • D. $ 82,582

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