Savings plan

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Mary wants to retire in 35 years with $1 million in her retirement account. To that end she decides to save money every year in a savings plan that pays 7.9 percent annually. Her first contribution will occur at the end of the year (one year from today). She needs to save $ year to the savings plan. Round it to two decimal places and do not include the $ sign, e.g. 1234.56 each

Reference no: EM131837541

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