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HELP DUE in 10 MINS You have just turned 22 years of age and accepted your first job. However, you would like to retire at
HELP DUE in 10 MINS You have just turned 22 years of age and accepted your first job. However, you would like to retire at 60 years of age. Having paid attention in your business courses, you have calculated that you will need to save $3 million dollars by age 60 to retire comfortably. How much must you put into your retirement savings account each year (at the end of the year) between now and age 60 (assume an interest rate of 6% annually)? You must put 3 into your retirement savings account each year. (Round the final answer to cent as needed. Keep all decimal places as you work through the problem.)
HELP DUE in 10 MINS
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