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You have accumulated some money for retirement. You will withdraw $74, 683 at the beginning of every year for the next 22 years starting today.

You have accumulated some money for retirement. You will withdraw $74, 683 at the beginning of every year for the next 22 years starting today. How much have you accumulated for retirement. Your account pays you 11.02 percent every year compounded annually. To answer this you have to find the present value of these cash flows.

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