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You currently have $4048 in a retirement savings account that earns an annual return of 11%....

You currently have $4048 in a retirement savings account that earns an annual return of 11%. You want to retire in 45 years with $1,000,000. How much more do you need to save at the end of every year to reach your retirement goal? (nearest cent)

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Answer #1

AJSwER di can selve this problem using Annuty Equahi utue Valu oAnnuity+ at ind of 5 yea/ ude need at endof 45 yeas as σω Sav

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