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You expect to retire in 25 years. After you retire you want to be able to withdraw $4000 from your account each month for 20
You expect to retire in 25 years. After you retire you want to be able to withdraw $4000 from your account each month for 20 years. If your account earns 5% interest compounded monthly, how much will you need to deposit each month until retirement to achieve your retirement goals?
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