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Sally Mander wants to set up a perpetual annuity for herself that will pay $80,000 annually that will begin 40 years from now. Assuming an

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Sally Mander wants to set up a perpetual annuity for herself that will pay $80,000 annually that will begin 40 years from now. Assuming an interest rate of 7% and with the impact of inflation of 3%, how much will Sally need to save annually? O $8,045 O $11,051 O $9,047 O $10,018

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