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You will retire in 40 years. How much must you save each year over the next 40 years in order to have $8,000,000 waiting for
You will retire in 40 years. How much must you save each year over the next 40 years in order to have $8,000,000 waiting for you, assuming a compound interest rate of 6%?
- A. $17,219
- B. $28,617
- C. $44,724
- D. $51,693
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