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Una Day is planning to retire in 20 years, at which time she hopes to have accumulated enough money to receive an annuity of $32,000
Una Day is planning to retire in 20 years, at which time she hopes to have accumulated enough money to receive an annuity of $32,000 a year for 25 years of retirement. During her pre-retirement period she expects to earn 8percent annually, while during retirement she expects to earn 10percent annually on her money.
what annual contributions to...
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