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Anne-Marie received $445,000.00 from her mother's estate. She wants to know how much she should set aside for upcoming retirement. She would like to receive
Anne-Marie received $445,000.00 from her mother's estate. She wants to know how much she should set aside for upcoming retirement. She would like to receive a retirement income of $2,600.00 at the end of each month for 15 years. If she can earn interest at a rate of 3.6% compounded monthly, how much must Anne-Marie set aside?
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