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Retirement Savings You believe you will spend $235,000 a year for 27 years once you retire in 22 years. If the interest rate is

Retirement Savings You believe you will spend $235,000 a year for 27 years once you retire in 22 years. If the interest rate is 3.70% per year. (Do not round intermediate calculations. Round your answer to 2 decimal places.) a. How much must you need saved once you reach retirement. b. how much must you save each year until retirement to meet your retirement goal? $ 3969910.96 $6118648.65 x

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