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You want to buy a house in 15 years that costs $300,000 now. Inflation is 3%. How much do you need to save each year

You want to buy a house in 15 years that costs $300,000 now. Inflation is 3%. How much do you need to save each year to be able to buy the house (for cash, without a mortgage,) if you can earn 6% (compounded annually) on your savings? (Answer to the nearest cent.)

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