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You believe you will spend $42,000 a year for 18 years once you retire in 36 years. If the interest rate is 5% per year,

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You believe you will spend $42,000 a year for 18 years once you retire in 36 years. If the interest rate is 5% per year, how much must you save each year until retirement to meet your retirement goal? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Annual savings

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