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please solve in excel solutions. Upon retirement, Dorothy's bank account has a balance of $290,000. Her financial advisor has just informed her about a special
please solve in excel solutions.
Upon retirement, Dorothy's bank account has a balance of $290,000. Her financial advisor has just informed her about a special retirement account the bank offers, which provides payments at the end of every year in perpetuity. If Dorothy qualifies for an interest rate of 6.6% compounded monthly, what size would these payments be? Round to the nearest cent Step by Step Solution
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