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Quantitative Problem 2. You and your wife are making plans for retirement. You plan on living 30 years after you retire and would like to

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Quantitative Problem 2. You and your wife are making plans for retirement. You plan on living 30 years after you retire and would like to hove 390,000 annually on which to live. Your first withdrawal will be made one year after you retire and you anticipote that your retirement account will earn tonc annually 2. What amount do vou need in your retirement account the day you retire? Do not round intermediate calculations, Round your answer to the nearest cent. S. b. Assume that your first withdrawal will be made the day you retire. Under this assumption, what amount do you now need in your retirement account the dov vou ratire? Da not round intermediate calculations. Round your answer to the nearest cent

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