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Jeffery has nothing saved for retirement. He wants to receive $ 4 9 , 0 0 0 . 0 0 per year for 4 years
Jeffery has nothing saved for retirement. He wants to receive $ per year for years during retirement. The first of these payments will be received in years. Jeffery can earn a return of percent per year. How much does Jeffery need to save each year for years to have exactly enough to meet his retirement goal if he makes his first annual savings contribution in year and all savings contributions are equal?
$plus or minus dollars
$plus or minus dollars
$plus or minus dollars
$plus or minus dollars
none of the answers are within dollars of the correct answer
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