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How much should you save annually, for the next 29 years, so that you can fund your retirement, starting in year 30? Your super fund
How much should you save annually, for the next 29 years, so that you can fund your retirement, starting in year 30? Your super fund earns 5.85% p.a., and you estimate that you will need to spend $46,500 per year, for 27 years after retirement.
(a) $17,485.74. (b) $21,504.02. (c) $10,314.13. (d) $8,685.30.
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