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You have $16,000 in the bank today. How much would you need to save each year in order to accumulate $2,000,000 in 32 years? Assume

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You have $16,000 in the bank today. How much would you need to save each year in order to accumulate $2,000,000 in 32 years? Assume the interest rate is 11% and that the payments occur at the end of each year

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