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Suppose you will receive $50 each week for 8 years. How much is this worth to you today if your discount rate is 9% ?

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Suppose you will receive $50 each week for 8 years. How much is this worth to you today if your discount rate is 9% ? Round to the nearest dollar. You'd like to save \$2 million. How much should you save each year for the next 20 years in order to reach this goal? Assume your savings will earn a 5% annual return. Round to the nearest dollar

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