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Please show how you got your answers please! I n planning for your retirement, you would like to withdraw $70,000 per year for 11 years.

Please show how you got your answers please!

In planning for your retirement, you would like to withdraw $70,000 per year for 11 years. The first withdrawal will occur 20 years from today.

a) What amount must you invest today if your return is 10% per year?

b) What amount must you invest today if your return is 15% per year?

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