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Assume your goal in life is to retire with $3,400,000. How much would you need to save at the end of each year if interest
Assume your goal in life is to retire with $3,400,000. How much would you need to save at the end of each year if interest rates average 10% and you have a 30-year work life?
a) $20,669
b) $11,333
c) $226,667
d) $194,849
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