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Question 1 You want to plan for a retirement in which you can pay yourself $3900 per month for 22 years. Your payout annuity pays

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Question 1 You want to plan for a retirement in which you can pay yourself $3900 per month for 22 years. Your payout annuity pays 4.2% per year. How much money will you need to properly fund it? $ 671280.25 (round to the nearest cent) You want to retire in 28 years. You want to deposit money every month until you retire. If your investment earns 3.7% per year, then how much should you deposit every month in order to properly fund your retirement? $ (round to the nearest dollar)

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