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You are 30 years old today. You want to retire at age 60. You want to have 2,700,000 at retirement. Realistically, you know that the most that you can save from you 31st birthday unitl your 50th is 7250 per year (you only save on your birthdays!) How much do you have to save each you from your 51st to you 60th birthday in order to achieve your retirement goal if you can earn 9.5% on your savings?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91671092

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