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Please Solve in Excel Assume that Ray is 38 years old and has 27 years for saving until he retires. He expects an APR of

Please Solve in Excel
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Assume that Ray is 38 years old and has 27 years for saving until he retires. He expects an APR of 7.5% on his investments. How much does he need to save if he puts money away annually in equal end - of - the - year amounts to achieve a future value of $1,200,000 dollars in 27 years' time? A. $44,444,44 B. $14,882.44 C. $13,844.13 D. $20,670.97

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