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Frank is planning his retirement and he established he will retire in 282 months. During retirement he will withdraw $2,700 every month for 276 months
Frank is planning his retirement and he established he will retire in 282 months. During retirement he will withdraw $2,700 every month for 276 months and he expects to earn 0.4% every month. How much will he have to save every month to achieve his goal? His investments during the funding phase are expected to yield 0.6% every month.
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