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you are planning for a successful retirement. Based on the lifestyle that you would like in retirement, you need a monthly distribution of $18000. If

you are planning for a successful retirement. Based on the lifestyle that you would like in retirement, you need a monthly distribution of $18000.

If you estimate that you will earn 6% compounded monthly and want your retirement distribution to last for 25 years

What is the amount the payout annuity must start with?

How much interest is earned during the distribution period?

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