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Question 1 2 You want to be able to withdraw $ 4 0 , 0 0 0 from your account 6 ach year for 3

Question 12
You want to be able to withdraw $40,000 from your account 6 ach year for 30 years after you retire.
You expect to retire in 15 years.
If your account earns 9% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?
Round your answer to the nearest cent.
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