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each month to do this? Assume a constant A.PR of 6% and that the compounding and payment periods are the same. To draw $50,000 per
each month to do this? Assume a constant A.PR of 6% and that the compounding and payment periods are the same. To draw $50,000 per year, there must be A in your savings account when you retire. (Do not round until the final answer. Then round to the nearest integer as needed.)
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