if derek decides that he needs $193082.00 per year in retirement to cover his living expenses. therefore
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Question:
if derek decides that he needs $193082.00 per year in retirement to cover his living expenses. therefore he wants to withdraw $193082.0 on each birthday from his 66th to his 87th . How much will he need in his retirement acconunt on his 65th birthday ? Assume a intetest rate of 10%
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