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Question 25 (0.5 points) You want to retire in 30 years from today, and make 20 withdrawals during your retirement life. Each withdrawal is set
Question 25 (0.5 points) You want to retire in 30 years from today, and make 20 withdrawals during your retirement life. Each withdrawal is set to be $90,000. You adviser suggests using 8% interest rate for your calculation. If you just inherited a large sum of money and want to make one lump sum deposit today to cover your retirement needs. What amount do you need to deposit today? 86.813 | There is not enough information to calculate the amount that you have to deposit in the scenario described. 873,633 87,813
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