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In planning for your retirement, you have decided that you would like to be able to withdraw $60,000 per year for a 10 year period.
In planning for your retirement, you have decided that you would like to be able to withdraw $60,000 per year for a 10 year period. The first withdrawal will occur 20 years from today. What amount must you invest today if your return is 10% per year? What amount must you invest today if your return is 15% per year
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