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A . laulai is saving for his retirement. He invested. He invests a regular $ 1 0 0 0 per month for 2 0 Years

A. laulai is saving for his retirement. He invested. He invests a regular $1000 per month for 20 Years and earns 8% p.a. How much does he have on his retirement ?
B. Laulau says he will live for 18years after he retires. He intends to spend all of his nest eggs through monthly payments from his pension fund. He budgets on the fund earning 5%p.a.How much can he draw each month?

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