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You have just turned 2 5 years of age and accepted your first job. However, you would like to retire at 5 9 years of

You have just turned 25 years of age and accepted your first
job. However, you would like to retire at 59 years of age. Having paid
attention in your business courses, you have calculated that you will
need to save $2 million dollars by age 59 to retire comfortably. How
much must you put into your retirement savings account each year (at
the end of the year) between now and age 59(assume an interest rate
of 6% annually)?
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