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Today is your 2 5 th birthday, and you decide to save $ 3 2 , 0 0 0 each year ( with the first
Today is your th birthday, and you decide to save $ each year with the first deposit one year from now in an account paying pa compounded annually. You will make your last deposit years from now when you retire at age You have a life expectancy of years. How much money would you be able to withdraw per year after your retirement, if the first withdrawal occurs on your th birthday?Today is your th birthday, and you decide to save $ each year with the first deposit one year from now in an account paying pa compounded annually. You will make your last deposit years from now when you retire at age You have a life expectancy of years. How much money would you be able to withdraw per year after your retirement, if the first withdrawal occurs on your th birthday?
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