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You wish to have $10,000 per year as a retirement supplement for 20 years (from age 65- 85). You are now 40 years old. How

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You wish to have $10,000 per year as a retirement supplement for 20 years (from age 65- 85). You are now 40 years old. How much must you save each year for the next 25 years if you assume your savings will earn 12% annually? $560.17 $1,499.99 $5,403.87 None of these are correct

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