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Janet turned 45 years old and decided that she wanted to start saving for her retirement. She calculated that she can save $2,000 per year
Janet turned 45 years old and decided that she wanted to start saving for her retirement. She calculated that she can save $2,000 per year in a savings account that will earn 9%. How much will she have accumulated if she retires at age 65? At retirement how much can she withdraw each year for 20 years from her savings account if the account continues to earn 9%?
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