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07-10-2022
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you have 30 years left until retirement and want to retire with $1.8 million. your salary is paid annually, and you will receive $68,000 at the end of the current year. your salary will increase at 3 percent per year, and you can earn a return of 9 percent on the money you invest. if you save a constant percentage of your salary, what percentage of your salary must you save each year

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