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You are going to retire in 4 years and 7 months. You would like to have $3750 at the end of each month during your

You are going to retire in 4 years and 7 months. You would like to have $3750 at the end of each month during your first year of retirement. How much do you need to invest now to meet your retirement goal if you can earn 6.24% monthly ?

$32 715.58

$46 309.57

$2849.74

$45 315.20

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