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Be System Announcements INTERVIETON AG Question 14 Donald Martin is 30 years and wants to retire when he is 65. So far he has saved

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Be System Announcements INTERVIETON AG Question 14 Donald Martin is 30 years and wants to retire when he is 65. So far he has saved (1) $6,450 in an IRA account in which this money is earning 8.3 percent annually and (2) $4,300 in a money market account in which he is eaming 5.25 percent annually. Donald wants to have $1 million when he retires. Starting next year he plans to invest the same amount of money every year until he retires in a mutual fund in which he expects to earn 8.54 percent annually. How much wil Donald have to invest every year to achieve this savings goal? (Round answer to 2 decimal places . 15.25.) Donald will have to save Click if you would like to show Work for this question: Open Show Work Question Attempts of used SAVE FOR LATER CASAM

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