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For your retirement, you would like to accumulate $400,000 at the end of 18 years. Assuming that your savings account will pay 6% compounded annually,

For your retirement, you would like to accumulate $400,000 at the end of 18 years. Assuming that your savings account will pay 6% compounded annually, how much would you have to deposit if you want to deposit one large lump sum today?

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