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How much do you need when you retire to provide a $2,500 monthly check that will last for 25 years? Assume that your savings can
How much do you need when you retire to provide a $2,500 monthly check that will last for 25 years? Assume that your savings can earn 0.5% a month and you receive the check at the end of each month.
$361,526.14 A
$388,017.16 B
$402,766.67 C
$414,008.24 D
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