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You want to receive $5000 per month for 20 years in real dollars in an account when you retire in 35 years. The first monthly
- You want to receive $5000 per month for 20 years in real dollars in an account when you retire in 35 years. The first monthly payment to be received 1 month after you retire. The nominal return on your investment is 9.94 percent and the inflation rate is 3.2 percent. What is the real amount you must deposit each year for 35 years to achieve your goal? (Answer in Excel please).
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