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Whatis the dollar amount you need to invest every year starting at age26 and ending at age 65 (i.e., for 40 years) to reach the
Whatis the dollar amount you need to invest every year starting at age26 and ending at age 65 (i.e., for 40 years) to reach the targetlump sum at age 65? Calculate the lump sum you need to have accumulated at age 65 to be able to draw the desired income. Assume that the annual return on your investments is likely to be 10 percent. (Round answer to 2 de 2 answers
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