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Question 20 7.5 pts You want to start saving money for your retirement. You want to retire in 35 years and think you will need

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Question 20 7.5 pts You want to start saving money for your retirement. You want to retire in 35 years and think you will need to accumulate $1,500,000 to maintain your desired lifestyle after you retire. If you are confident you will be generating 6% annual rate of return, how much do you have to save each month? $8,552.85 $712.74 $1,121.73 $1,052.85

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