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Maria Stubern is planning for her golden years. She will retire in 20 years, at which time she plans to begin withdrawing $50,000 annually. She

Maria Stubern is planning for her golden years. She will retire in 20 years, at which time she plans to begin withdrawing $50,000 annually. She is expected to live for 20 years following her retirement. Her financial advisor thinks she can earn 8% interest annually. How much does she need to invest each year to prepare for her financial needs after retirement?

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