Planning your retirement, How much do you have to put into

Planning your retirement

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Reference no: EM133578678

Question

You are planning your retirement and you come to the conclusion that you need to have saved $2 million in 30 years. You can invest into an retirement account that guarantees you a 9% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal?

Reference no: EM133578678

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