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Your parents are paying $14,400 per year for Health Care insurance and you are sure by the time you retire that amount is likely to be at least $50,000. How much should you set aside now, today, in order to receive $50,000 every year for 20 years but the first payment will be 45 years from now. Assume interest rate of 3%. A). $202,610.22 B). $252,088.52 C). $194,077.67 D). $196,900.01