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10. You plan to retire 45 years from now and you expect to live for 25 years after retiring. You want to have enough money

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10. You plan to retire 45 years from now and you expect to live for 25 years after retiring. You want to have enough money upon reaching retirement age to withdraw $200,000 from the account at the end of each year you expect to live, and yet still have $2,500,000 left in the account at the at the end (70 years from now). accumulate the retirement fund by making equal annual deposits (at the end of each year) for the next 45. For the first 10 years, you will deposit $2,000 annually in an account earning 12%. What equal annual deposits must you make at the end of each year, after year 10 (for 35 years), to reach your retirement goal? You only expect to earn 6% per year on your investment after you retire since you will choose to place the money in less risky investments. Draw the timeline

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