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In 2 0 years, you would like to have a retirement nest egg of $ 2 . 5 million. Assuming your savings earn 4 .

In 20 years, you would like to have a retirement nest egg of $2.5 million. Assuming your savings earn 4.0%, how much should you save at the end of each year in order to reach your goal in 20 years? Round to the nearest whole dollar.

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