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Retirement Savings Assignment | Homework For You

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May 22nd, 2020
If you want to be able to spend $75,000 1 year for 20 years, once you retire in 40 years, how much must you save each year until retirement to meet your retirement goal, if the interest rate is 6% per year?
A. $5,158.10 B. $5,358.30 C. $5,458.40 D. $5,558.50 E. None of the above. Get Finance homework help todayHomework For You

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