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You believe you will spend $39,000 a year for 19 years once you retire in 38 years. If the interest rate is 5% per year,

You believe you will spend $39,000 a year for 19 years once you retire in 38 years. If the interest rate is 5% per year, how much must you save each year until retirement to meet your retirement goal? Please use an Excel function and show it in your work.

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