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In 30 years, you will retire. Suppose you believe you will need to accumulate $500,000 by your retirement date in order to support your desired

In 30 years, you will retire. Suppose you believe you will need to accumulate $500,000 by your retirement date in order to support your desired standard of living. How much must you save each year between now and your retirement to meet that future goal? Assume that the interest rate is 10% per year

Select one:

a.3,039.69

b.3,746.25

c.4,037.35

d.4,604.78

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