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After you retire, you want to be able to withdraw $2000 from your 401(k) at the end of each month for 30 years. Your 401(k)
After you retire, you want to be able to withdraw $2000 from your 401(k) at the end of each month for 30 years. Your 401(k) earns 9% interest compounded monthly. Determine the present value of this annuity due.
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