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Youplan to retire in 30 years and want to accumulate enough by then to provide yourself with $30,000 a year for 15 years. Now you

Youplan to retire in 30 years and want to accumulate enough by then to provide yourself with $30,000 a year for 15 years.

Now you remember that the annual inflation rate is 4%. If a loaf of bread costs $1 today, what will it cost by the time you retire?

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