Question: 2. John is 28 years old right now. He needs $750,000 at the age of 66 to retire. If his savings account can generate

2. John is 28 years old right now. He needs $750,000 at

2. John is 28 years old right now. He needs $750,000 at the age of 66 to retire. If his savings account can generate an average annual rate of return of 9%, how much money does he need to put in right now?

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