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William hopes to have $931,354 in his retirement account when he retires in 12 years. if his account earns nominal interest of 6% compounded semi-

William hopes to have $931,354 in his retirement account when he retires in 12 years. if his account earns nominal interest of 6% compounded semi- annually, how much does he need to save in each 6 month period over the next 12 years to reach his objective?

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