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You have no retirement savings upon graduation from college. You would like to have $800,000 by the time you retire 43 years from today. If

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You have no retirement savings upon graduation from college. You would like to have $800,000 by the time you retire 43 years from today. If you can earn 4.6% on your investments over that time, how much would you need to contribute annually to your savings plan to reach that goal? Assume the first payment will be made today Goal: Years: APR: 800,000 43 4.6% Required annual contribution

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