Solution-Average annual return, You have set a financial

Average annual return

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You have set a financial goal of having $3,500,000 saved by retirement. If you plan to work for the next 40 years, how much would you need to save at the end of each year if you expect an average annual return of 9% in your retirement fund?

Round your answer to the nearest dollar.

Reference no: EM133111282

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Average annual return

Reference no: EM133111282

Reference no: EM133111282

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