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How much do you need to have in your retirement savings account if upon retirement you plan to spend $17,000 at the end of every
How much do you need to have in your retirement savings account if upon retirement you plan to spend $17,000 at the end of every month over a 32 year period? Assume an interest rate of 9.25% p.a. A. $2,089,819.19 B. $5,572,851.18 C. $5,534,367.46 D. Not enough information is given to answer this question. E. $2,075,387.80
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