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You believe you will spend $ 1 0 0 , 0 0 0 a year for 1 5 years once you retire in 1 0
You believe you will spend $ a year for years once you retire in years. If the interest rate is per year. Do not round intermediate calculations. Round your answer to decimal places.
a How much must you need saved once you reach retirement.
b how much must you save each year until retirement to meet your retirement goal?
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