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Marcy Johnson is planning for her golden years. The details of her retirement plans follow: 19 28 Time until retirement (in years) Expected life span
Marcy Johnson is planning for her golden years. The details of her retirement plans follow: 19 28 Time until retirement (in years) Expected life span after retirement (in years) Annual planned withdrawl from retirement fun (at the beginning of the year) Retirement savings already accumulated Expected annual interest rate for the next 15 years Expected annual interest rate after 15 years $ 63,000.00 $ 13,000.00 8% 11% How much does Marcy need to contribute to her retirement fund at the end of each year in order to fund her retirement
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