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Derek decides that he needs $168,984.00 per year in retirement to cover his living expenses. Therefore, he wants to withdraw $168984.0 on each birthday from
Derek decides that he needs $168,984.00 per year in retirement to cover his living expenses. Therefore, he wants to withdraw $168984.0 on each birthday from his 66th to his 88.00th. How much will he need in his retirement account on his 65th birthday? Assume a interest rate of 8.00%. Submit Answer format: Currency: Round to: 2 decimal places
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
