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After consulting with your financial advisor, you figured that you need $ 9 , 0 0 0 per year for your living during 3 5
After consulting with your financial advisor, you figured that you need $ per year for your living during years of the retirement period. You consider buying an annuity contract that will pay $ at the beginning of every month. Assuming a rate of return of how much do you need today to buy the annuity due contract?
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