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Sara wants to have S50 000 in her savings account when she retires in 23 years time. The account pays a fixed interest rate of

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Sara wants to have S50 000 in her savings account when she retires in 23 years time. The account pays a fixed interest rate of 6.5% per ye How much must Sara put in the account now to ensure that she has $50,000 when she retires? $(Round your answer to the nearest cen Enter your answer in the answer box

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