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On your 6 0 th birthday, you withdraw $ 3 0 , 0 0 0 from your retirement saving account to pay for a vacation
On your th birthday, you withdraw $ from your retirement saving account to pay for a vacation to Asia and use the remaining funds to buy an annuity that will pay you month for years with the first payment starting one month after your th birthday. Assume you earn compounded monthly the entire time. How much did you have in your retirement account on your th birthday?
A $
B $
C $
D $
E $
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