Question: How much do you have to save at the end of every year for 30 years so that you can retire with $1.5M of savings
How much do you have to save at the end of every year for 30 years so that you can retire with $1.5M of savings and use the interest you earn at the end of every year as retirement income forever? Assume an interest rate of 8% per year. (Enter your answer in dollars with 2 decimal places.)
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