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You are planning your retirement and you come to the conclusion that you need to have saved S100000 million in 30 years. You can invest

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You are planning your retirement and you come to the conclusion that you need to have saved S100000 million in 30 years. You can invest into an retirement account that guarantees you a 14% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal? Answer: 142802 70

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