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You wish to retire in 35 years time and draw an annual income of $30,000 at the end of each year for a period of

You wish to retire in 35 years time and draw an annual income of $30,000 at the end of each year for a period of 30 years. How much money will you need to invest now (to the nearest dollar) if you can earn 8% on your investments.

Group of answer choices$22,842

$111,750

$337,734

$26,521

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