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(Solved): You want to retire at the end of 25 years with $1 million in your retirement account. You plan to m ...
You want to retire at the end of 25 years with $1 million in your retirement account. You plan to make monthly payments into the account so that you retire with $1 million in retirement savings. The final payment into the account will be made on the day you begin retirement. The retirement account earns an annual 4.3 percent return.