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Suppose you plan to retire in 20 years from today and are just starting to save. If you save $20,000 every year with your first

Suppose you plan to retire in 20 years from today and are just starting to save. If you save $20,000 every year with your first savings payment made one year from today, how much will you have saved at the end of year 20 when you retire if you can invest at 5.2% p.a.

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