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Sally & Beth both want to retire 1 2 years from now. Today, Sally has savings of $ 2 5 0 , 0 0 0

Sally & Beth both want to retire 12 years from now. Today, Sally has savings of $250,000 and Beth
has savings of $620,000. Beth will not save any more money over the next 12 years. If they both earn 8% per
year on their savings over the next 12 years, how much will Sally have to save per year to have the same
amount as Beth 12 years from now?

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