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True or false. You are 35 years old and currently have $75,000 in your retirement account. You estimate that you will need to have $1,
True or false. You are 35 years old and currently have $75,000 in your retirement account. You estimate that you will need to have $1, 500,000 in your retirement when you retire in 30 years. If you expect your retirement account to generate a 12% annual return, you will have to deposit $3, 095.29 at the end of each year. True False
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