Question: How much should you save annually for the next 30 years (when you intend to retire) if you desire to receive $125,000 annually for thirty

How much should you save annually for the next 30 years (when you intend to retire) if you desire to receive $125,000 annually for thirty years after you retire? (Your available investment rate is 9.25%)

Group of answer choices

$13,136.71

$8,050.91

$41,875.45

$8,795.62

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