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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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