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How many payments can Eric expect to receive in retirement? He expects to earn 7.23 percent in his retirement account. He plans to save $22,600.00
How many payments can Eric expect to receive in retirement? He expects to earn 7.23 percent in his retirement account. He plans to save $22,600.00 per year in his retirement account for 6 years, with his first savings contribution to his retirement account expected today. In retirement, Eric plans to withdraw $32,000.00 per year for as long as he can, with his first retirement payment received in 6 years.(Round the value to decimal places)
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