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Your couple determines that you will need approximately $1,000,000 in 40 years when you retire. If you can earn 7 percent annually on your funds,

Your couple determines that you will need approximately $1,000,000 in 40 years when you retire. If you can earn 7 percent annually on your funds, approximately how much do you need to save annually?

$7,000.11

$2,037.9

$5,009.13

$4,020.51

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