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You plan to retire in 27 years and would like to have $140,000 in a retirement account the day you retire. If you can earn

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You plan to retire in 27 years and would like to have $140,000 in a retirement account the day you retire. If you can earn 5.1% per year, how much money do you need to deposit in the account today (and no additional deposits) in order to have the desired amount in the retirement account the day you retire

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