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Ian would like to save $2,000,000 by the time he retires in 30 years. If he believes that he can achieve a 6% rate of

Ian would like to save $2,000,000 by the time he retires in 30 years. If he believes that he can achieve a 6% rate of return, how much does he need to deposit each year, starting one year from now, to achieve his goal?

$12,065

$5,790

$25,298

$37,500

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