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Using Time Value to Estimate Savings. DeMarcus wants to retire with $ 1 million in savings by the time he turns 6 5 . He
Using Time Value to Estimate Savings. DeMarcus wants to retire with $ million in savings by the time he turns He is currently years old. How much will he need to save each year, assuming he can get a annual return on his investments?
The amount DeMarcus will need to save each year, PMT is $Round to the nearest cent.Use your financial calculator or you may use the Financial Tables in Appendix in computing your answer.
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