you have just turned 30 years old, have just recieved your MBA, and have accepted your first job. now you must decide how much money to put into your retirement plan. the plan works as follows: every dollar in the plan earns 7% per year. you cannot make withdrawls until you retire on your 70th birthday. after that point, you can make withdrawls as you see fir. you decide that you will plan to live till 100 and work until you turn 70. you esitmate that to live comfortably in retirement, you will need $100,000 per year starting at the end of the first year of retirement and ending on your one hundreth birthday. you will contribute the same amount to the plan at the end of every year that you work. how much do you need to contribute each year to fund your retirement?

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