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Homework 5. Nehir, who plans to retire 30 years later, plans to spend 15,000 TL every month for the next 25 years after she retires.

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Homework 5. Nehir, who plans to retire 30 years later, plans to spend 15,000 TL every month for the next 25 years after she retires. If annual interest rate is 12%, how much does she need to invest at the end of each month for the next 30 years? Nehir (in Homework 5) plans to withdraw 80,000 TL in years 20, 21, 22 and 23 for her child's college expenses. Re-calculate the monthly contributions in Homework 5

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