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Tim has nothing saved for retirement. He wants to receive $57000 per year for six years during retirement. The first of these payments will be

Tim has nothing saved for retirement. He wants to receive $57000 per year for six years during retirement. The first of these payments will be received in four years. He can earn 14.70 percent per year. How much does he need to save each year for four years to have exactly enough to meet his retirement goal if he makes his first contribution to savings in one year from today and all savings contributions are equal?

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