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Siri plans to retire when her simple annuity savings account has enough money to receive $10 000.00 per month for twenty years starting at the
Siri plans to retire when her simple annuity savings account has enough money to receive $10 000.00 per month for twenty years starting at the start of the first month after her retirement. She starts saving $4420 per month. Calculate when should Siri retire from today if her savings account pays 4.9% compounded monthly using the financial calculator.
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