Question: I need help with a retirement question. It would be helpful to break it down step by step. In preparation for the exam: If you

I need help with a retirement question. It would be helpful to break it down step by step.

In preparation for the exam: If you want to retire comfortable in 40 years (annual income of $150.000) from the dividends paid by your investments. How much money will you need to invest (at a constant rate) over the next 40 years. Assume a rate of return = 10%

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