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You want to retire 35 years from today with $3.0 million in your IRA account. You currently have $25,000 saved in your IRA which is
You want to retire 35 years from today with $3.0 million in your IRA account. You currently have $25,000 saved in your IRA which is earning 8.50% annually. What amount would you need to save and deposit at the beginning of each quarter to achieve your retirement goal? Note that you are making the deposits quarterly, not annually.
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