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You plan to save for your retirement. You decide you need to have $3 million 30 years from today. You plan to make equal annual

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You plan to save for your retirement. You decide you need to have $3 million 30 years from today. You plan to make equal annual payments starting next year. Your last payment to the retirement account is in 30 years from today. The retirement account will earn 14% annually. What is the payment size? $8,408.38 $7,408.38 $8,848.32 $9,756.58

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