Assume your goal in life is to retire with four million dollars. How much would...

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Accounting

Assume your goal in life is to retire with four million dollars. How much would you need to save at the end of each year if interest rates average 9% and you have a 25year worklife?

A.

$47,225

B.

$463,871

C.

$320,000

D.

$14,400

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