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In an alternative plan, Emine Gul plans to retire 2 0 years from now under the following retirement plan: - She will receive $ 1
In an alternative plan, Emine Gul plans to retire years from now under the following retirement plan:
She will receive $ at the end of year when she retires.
She will receive $ monthly for years starting at year with the first month of year
Starting from year with the first month of year she would like the monthly payments to grow at per month in perpetuity. The discount rate to be used throughout this plan is APR which is quarterly compounded. Calculate the present value of her retirement plan.
Do not round intermediate transactions. Round your final answer to the closest decimals. Do not use the $ sign. If your answer is $ then enter
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