Question
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Please help me as soon as possible, Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,Please help me as soon as possible,
Annie would like a retirement income of $4,000 per month (beginning of month payments) for 25 years once she retires.
How much must she have in her retirement account on the day she retires if the account can earn 4% compounded semi-annually?
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