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Assume you are 28 years old, and you plan to retire at the age of 65. During your retirement years, you plan to receive $15,000
Assume you are 28 years old, and you plan to retire at the age of 65. During your retirement years, you plan to receive $15,000 per quarter (3 month - period) for the following 20 years. Calculate how much you need to have accumulated in your account at the time of your retirement if the appropriate discount rate is a quarterly compounded APR of 8%
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