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Derek decides that he needs $107.821.00 per year in retirement to cover his living expenses. Therefore, he wants to withdraw $107821.0 on each birthday from

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Derek decides that he needs $107.821.00 per year in retirement to cover his living expenses. Therefore, he wants to withdraw $107821.0 on each birthday from his 66th to his 85.00th. How much will he need in his retirement account on his 65th birthday? Assume a interest rate of 6.00%

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