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Problem 5 - 4 3 Retirement Savings ( LO 3 ) You believe you will spend $ 3 2 , 0 0 0 a year
Problem Retirement Savings LO You believe you will spend $ a year for years once you retire in years. If the interest rate is per year, how much must you save each year until retirement to meet your retirement goal? Do not round intermediate calculations, Round your answer to decimal places. Annual savings
Problem Retirement Savings LO
You believe you will spend $ a year for years once you retire in years. If the interest rate is per year, how much must you save each year until retirement to meet your retirement goal? Do not round intermediate calculations, Round your answer to decimal places.
Annual savings
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