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Question 4 (1 point) William expects to live for another 22 years after retirement. During those 22 years, William plans to withdraw $6,000 living expense

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Question 4 (1 point) William expects to live for another 22 years after retirement. During those 22 years, William plans to withdraw $6,000 living expense from his superannuation fund at the beginning of each month. How much is the minimum superannuation balance William needs when he retires? Assume his superannuation fund delivers 7.8% p.a. rate of return, compounded monthly

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