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a professor at UH plans to retire in 16 years and she wants to withdraw $150,000 per year for 35 years. Her account earns 6
a professor at UH plans to retire in 16 years and she wants to withdraw $150,000 per year for 35 years. Her account earns 6 percent compounded annually. How much must she save eaxh year to meet her retirement objective?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
