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You contribute $1,000 annually to a retirement account for nine years and stop making payments at the age of 40 . Your twin brother (or
You contribute $1,000 annually to a retirement account for nine years and stop making payments at the age of 40 . Your twin brother (or sister ... . whichever applies) opens an account at age 40 and contributes $1,000 a year until retirement at age 65 ( 25 years). You both earn 10 percent on your investments. How much can each of you withdraw for 15 years (that is, ages 66 through 80 ) from the retirement accounts? Use Appendix A, Appendix C, and Appendix D to answer the question. Round your answers to the nearest dollar. You can withdraw \$ Your twin can withdraw \$
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