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Heather is planning to retire in 6 years she will then need an income of 1 3 0 5 at the end of every month

Heather is planning to retire in 6 years she will then need an income of 1305 at the end of every month for the subsequent 25 years she is going to make one investment today to provide all of the money she will eventually collect her investment will 5.08% compounded monthly how much would she invest today

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