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You plan to retire in year 20 Your retirement will last 25 years starting in year 21 You want to have $50,000 each year of
You plan to retire in year 20 Your retirement will last 25 years starting in year 21 You want to have $50,000 each year of your retirement. How much would you have to invest each year, starting in one year, for 15 years , to exactly pay for your retirement ,if your investments earn 6.00% APR (compounded annually)?
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