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How much must you save each year to meet your retirement

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Reference no: EM132343913

You believe you will need to have saved $470,000 by the time you retire in 30 years in order to live comfortably. If the interest rate is 7% per year, how much must you save each year to meet your retirement goal? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM132343913

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