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Peter is 25 years old and is considering his retires in 35 years time at the age of 60. He estimates that his life expectancy

Peter is 25 years old and is considering his retires in 35 years time at the age of 60. He estimates that his life expectancy post retirement will be 15 years. His fund offers 8% return on r1000 annual contribution towards the retirement fund. If he joins a fund what is the annual retirement benefit he can expect during his retirement

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