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You are planning to work for the next 35 years (years 1 – 35) and expect...

You are planning to work for the next 35 years (years 1 – 35) and expect to live in retirement for 40 years after you retire (years 36-75). You believe that you will need $300,000 per year during your retirement. How much will you need to save each year for the 35 years you are working to meet this goal? Assume that the interest rate is 6%.  

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