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Posted on Jul 26, 2024

After retiring, Addison wants to be able to withdraw $ 4 , 5 0 0 . 0 0 every month from her account for 2

After retiring, Addison wants to be able to withdraw $

4, 500.00

every month from her account for

25

years. Her account earns

6 %

interest compounded monthly.

How much does Addison need in her account when she retires?

Addison needs her account when she retires.

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Authors: Harvey S Rosen

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