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Problem 2: You want to be able to withdraw $50,000 per year for 30 years after you retire exactly 40 years from now (i.e., you

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Problem 2: You want to be able to withdraw $50,000 per year for 30 years after you retire exactly 40 years from now (i.e., you want your first withdrawal be exactly 40 years from now). To achieve your retirement goals, you want to make 40 equal annual contributions to your savings account with the first contribution next year. How much should your annual contributions be if you are able to earn a 6% annual return

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