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If you expect to retire in 25 years and have estimated that you will need $45,000 in today's dollar, how much will you need in

If you expect to retire in 25 years and have estimated that you will need $45,000 in today's dollar, how much will you need in the first year of retirement assuming a 3 percent average inflation rate? Group of answer choices $94,300 $94,320 $94,220 $94,420

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