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When you retire in 40 years, you want to have 1.3 million real dollars. If the annual nominal rate of interest you can earn is

When you retire in 40 years, you want to have 1.3 million real dollars. If the annual nominal rate of interest you can earn is 8% and the annual inflation rate is 3%, how much money do you need to save every quarter in order to meet this goal?

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