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Q21) You would like to retire in 15.0 years. The expected rate of inflation is 2.76% per year. You currently have a standard of living

Q21) You would like to retire in 15.0 years. The expected rate of inflation is 2.76% per year. You currently have a standard of living that requires $8,263.00 of monthly expenses. Assuming you want to maintain the Same standard of living in retirement, what are your monthly expenses expected to be the first year of retirement? (2 points)

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