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You are planning to retire in 3 5 years ( t = 3 5 ) . After retirement, you need annual withdrawals of $ 8
You are planning to retire in years t After retirement, you need annual withdrawals of $ from your retirement for the next years. The first withdrawal will be made one year after retirement. Suppose that your retirement account can earn APR. If you decide to make annual deposits to the account from the next year t until retirement t how much should you save each year?
Note: Write your answer with or more decimal place
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