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Suppose you plan to have $ 4 0 , 0 0 0 in 3 0 years from now and you can invest your savings at
Suppose you plan to have $ in years from now and you can invest your savings at compounded continuously. Assuming you can save the same amount of money each year, how much do you need to save on a yearly basis in order to achieve your goal? Hint: Treat your savings as an income stream.
Yearly savings exact valuedollars
Yearly savings rounded to the nearest centdollars
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