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QUESTION 25 Unit 4: A couple wants retire in 40 years. They want spend $130,000 a year for 25 years. They would need to save

QUESTION 25

Unit 4: A couple wants retire in 40 years. They want spend $130,000 a year for 25 years.

They would need to save ___ per year to reach this goal. All investments are expected to earn 6%.

$81,250

$27,544

$10,738

$6,224

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