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Axel is 29 years old, and has $34,000 accumulated in his RRSP already. Assume he will make an annual real rate of return of 3.2%.

Axel is 29 years old, and has $34,000 accumulated in his RRSP already. Assume he will make an annual real rate of return of 3.2%. How much does Axel need to save each year to reach his retirement goal of having $732,000 at age 65?

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