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Leila knows that she needs $32,600 per year to live comfortably now. She plans to retire in about 38 years and plans to be retired
Leila knows that she needs $32,600 per year to live comfortably now. She plans to retire in about 38 years and plans to be retired for about 21 years after that. A) Determine how much Leila needs in the first year of retirement to maintain her current standard of living when she retires 38 years from now (assuming 3% inflation)
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