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You wish to retire after 3 0 years, at which time you want to have accumulated enough money to receive an annuity of $ 1
You wish to retire after years, at which time you want to have accumulated enough money to receive an annuity of $ a year for years of retirement. During the period before retirement you can earn percent annually; while after retirement you can earn percent on your money. What annual contribution to the retirement fund will allow you to receive the $ annually?
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