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Bella would like to set up her retirement account that will begin in 30 years. To play it safe, she wants to assume that she
Bella would like to set up her retirement account that will begin in 30 years. To play it safe, she wants to assume that she will live for 35 years after she retires and she will withdrawal 160,000 annually. Assuming her account will earn 9% interest during the next 30 years and 5% interest afterward forever how much will Bella need to save annually over the next 30 years to fund her retirement account?
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