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How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $25,000 a year for 3 years?
How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $25,000 a year for 3 years? She expects to earn an average rate of return of 13 percent. A. $59,028.81 B. $65,419.81 C. $71,533.33 D. $85,160.98 E. $87,391.34 Step by Step Solution
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Personal Finance Terms Financial Education Is Your Best Investment
Authors: Thomas Herold
1st Edition
1090822871, 978-1090822871
