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Bob would like to retire in 35 years and withdraw $35,000 per month during his 30-year retirement. He is currently able to save $1,500 per

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Bob would like to retire in 35 years and withdraw $35,000 per month during his 30-year retirement. He is currently able to save $1,500 per month. If he expects to earn 5% annually during his retirement, what annual rate will he need to earn until retirement to reach his goal

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