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Assuming that you are twenty years old and you have decided that you want to have $450,000 in the bank when you turn sixty-five
Assuming that you are twenty years old and you have decided that you want to have $450,000 in the bank when you turn sixty-five years old. How much must you deposit each year to reach your goal if your account pays interest of 8 percent? Use time value of money factors with at least 4 decimals places. As needed, round your final answer (but not intermediate steps) to the nearest whole dollar. 1,164
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