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3) Raymond plans to retire when his simple annuity savings account bus mouth mowy to receive 10.000.00 per month founty years starting at the end

3) Raymond plans to retire when his simple annuity savings account bus mouth mowy to receive 10.000.00 per month founty years starting at the end of the first months after his retirement He starts saving 50 per month Calculate when should Raymond retirere today iflus savings pays 19% compounded monthly 100

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