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I am contributing $500 per month to an annuity for retirement. I've been working at WVC for 27 years. The account earns approximately an annual

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I am contributing \$500 per month to an annuity for retirement. I've been working at WVC for 27 years. The account earns approximately an annual 8% interest compounded monthly. How much is in the account? 2. If I work for 5 more years, then wait 5 years after that to take withdrawals, how much can I take out monthly for 20 years? (Hint: Think about the different time frames individually.)

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