Assuming the same facts as Question 15, approximately how much must Bowie save at the end of

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Assuming the same facts as Question 15, approximately how much must Bowie save at the end of each year, from now until retirement, to provide him with the necessary capital balance assuming he has a zero balance today?

a. $67,163.98.

b. $70,424.36.

c. $72,537.10.

d. $76,058.31.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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