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.Mr. Austin is planning for his retirement.His goal is to withdraw $4,000 per month for 25 years.He will be conservative in his retirement years and

.Mr. Austin is planning for his retirement.His goal is to withdraw $4,000 per month for 25 years.He will be conservative in his retirement years and only expects his investments to grow at 2%.What is the principle that Mr. Austin will need in his retirement account in order to accomplish his goals?

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