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planning for your retirement, you decide you need to have $ 3 million, 3 0 years from today. You plan to make equal yearly payments
planning for your retirement, you decide you need to have $ million, years from today. You plan to make equal yearly payments beginning one year from today into a retirement account that will earn per year. The last payment is made years from today.
a What is the payment size?
b What will be the payment if you start making payments years from today?
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