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You expect to need $97,000 per year for 22 straight years when you retire, and the first annual payment will take place 40 years

You expect to need $97,000 per year for 22 straight years when you retire, and the first annual payment will take place 40 years from today. If you wanted to fully fund your retirement with a single deposit today, how much money would you need to deposit? Use a discount rate is 5% ? Round your answer to the nearest dollar. Type your answer...

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