How much do need to save at the end of each year

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YOu want to retire in 30 years. You deposit $20,000 in the account now and plan to save an equal amount each year for the next 30 years. Once you retire, you will need $675,000. r=6%. How much do you need to save at the end of each year for the next 30 years?

Reference no: EM13329502

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