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You are currently 25 and would like to retire at age 45. You plan to save by making equal investments of $10,000 at the end
You are currently 25 and would like to retire at age 45. You plan to save by making equal investments of $10,000 at the end of each year for the next 20 years. If you are able to earn 8% per year on your investments, how much will you have at the end of the 20 years? Please refer to the table below: Future Value of an Annuity of $1
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