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

Assume your goal in life is to retire with four million dollars. How much would you need to save at the end of each year if interest rates average 6% and you have a 20year work life?

A. $1,247,219

B. $108,737

C. $400,000

D. $12,000

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