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Robert Williams is 3 0 years old and wants to retire when he is 6 5 . So far, he has saved ( 1 )
Robert Williams is years old and wants to retire when he is So far, he has saved $ in an IRA account in which his money is earning percent annually and $ in a money market account in which he is earning percent annually. Robert wants to have $ million when he retires. Starting next year, he plans to invest the same amount of money every year until he retires in a mutual fund in which he expects to earn percent annually. How much will Robert have to invest every year to achieve his savings goal?
Round factor values to decimal places, eg and final answer to decimal places, eg
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