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After retirement, you expect to live for 25 years. You would like to have 75,000 income for each year. How much should you save in
After retirement, you expect to live for 25 years. You would like to have 75,000 income for each year. How much should you save in your retirement account to receive this income if the interest rate is 9%? (Assume the payments start one year after your retirement.)
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