Retirement savings account

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Reference no: EM131197760

You currently have $575,000 in your retirement savings account. You would like to have $2,000,000 when you retire 15 years from today. How much must you deposite (in equal amounts) at the end of each of the next fifteen years in order to reach your goal if you can earn 7.5% per year on your deosits?

Reference no: EM131197760

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